Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

D Question 10 1 pts Can the crime rate in an area be predicted by using the median income? The following is a regression to

image text in transcribed
image text in transcribed
D Question 10 1 pts Can the crime rate in an area be predicted by using the median income? The following is a regression to predict the number of crimes in an area based on its median income. SUMMARY OUTPUT Regression Statistics Multiple R 0.918403 R Square 0.843464 Adjusted R Square 0.823897 Standard Error 5.785097 Observations 10 ANOVA SS MS F Significance F Regression 1 1442.661192 1442.661192 43.10652476 0.000175591 Residual 8 267.7388076 33.46735095 Total 1710.4 Coefficients Standard Error Stat P-value Lower 95% Upper 95% Intercept 50.12003 4.461998217 11.23264287 3.54158E-06 39.83064614 60.40941882 Median income ($ 0.00067 0.000101799 -6.565555937 0.000175591 -0.000903118 -0.000433619 In conducting a hypothesis test of the slope using a 0.05 level of significance, which of the following is correct? O The slope does not differ significantly from 0 because p-value = 3.5416 is greater than 0.05 O The slope differs significantly from 0 because p-value = 0.00017 is less than 0.05 O The slope does not differ significantly from 0 because p-value = 0.00017 is less than 0.05 O The slope differs significantly from 0 because p-value = 3.5416 is greater than 0.05

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Concepts In Vector Calculus

Authors: K N P Singh

1st Edition

9353146259, 9789353146252

More Books

Students also viewed these Mathematics questions