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In this chapter, we used Table 12.3 to illustrate how to calculate the slope and intercept in the regression table. Using table 12.3 as a
- In this chapter, we used Table 12.3 to illustrate how to calculate the slope and intercept in the regression table. Using table 12.3 as a model, create a similar table using the data below for GNP per capita and the percentage willing to pay higher taxes (10 pts).
please fill out the chart using the exact same information i provided that is in the first two columns.
GNP per Capita (X) | % Willing to Pay Higher Taxes (Y) | (X-) | (X-)2 | (Y-) | (Y-) 2 | (X-) (Y-) |
23.70 | 24.50 | |||||
20.33 | 22.20 | |||||
8.37 | 28.90 | |||||
22.28 | 14.00 | |||||
18.71 | 24.30 | |||||
32.35 | 37.20 | |||||
29.24 | 31.60 | |||||
3.84 | 34.70 | |||||
27.78 | 24.80 | |||||
14.60 | 31.10 | |||||
34.31 | 22.80 | |||||
10.67 | 15.10 | |||||
2.66 | 29.90 | |||||
14.10 | 22.20 | |||||
25.58 | 19.50 | |||||
39.98 | 33.50 | |||||
X=328.50 | Y=416.30 | X= | = | = | = | = |
Mean X = X/ N = | ||||||
Mean Y = Y / N = | ||||||
Variance (X) = Standard deviation (X) =Sx =square root ( )= | ||||||
Variance (Y) = Standard deviation (Y) =Sy =square root ( )= | ||||||
Covariance (X,Y) = | ||||||
*Answers may differ due to rounding (2 decimal points); however the exact value of these column totals, properly calculated will always be equal to zero. Sources: The World Bank Group, Development Education Program Learning Model: Economics, GNP per Capita, 2004. International Social Survey Programme, 2000. |
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