Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

IMG-20230420-WA0001 Apr 20, 2023 eviation for the net worth of the corporations. (3 marks) QUESTION 2 In a random sample, 6 households were asked

image text in transcribed

IMG-20230420-WA0001 Apr 20, 2023 eviation for the net worth of the corporations. (3 marks) QUESTION 2 In a random sample, 6 households were asked about the amount of time they spend connected to the Internet each month as well as their monthly income. The data is presented in Table 2 below. Table 2. Income Hours (x) (v) 65 66 77 48 42 28 36 37 34 33 38 29 (a) Calculate and interpret the Pearson's Product moment correlation coefficient (r). (6 marks) (b) Determine the equation of the regression line (y = a + bx). (4 marks) (c) Give interpretations for the values of b and a in the regression equation. (4 marks) (d) Estimate the income of a household if the amount of time spent connected to the Internet is 55 hours. (1 mark) 31 0 0 20 Apr 20 12:15

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

A Survey of Mathematics with Applications

Authors: Allen R. Angel, Christine D. Abbott, Dennis Runde

10th edition

978-0134112107

Students also viewed these Law questions

Question

=+ How does cluster testing fit in?

Answered: 1 week ago