Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Knowledge/ Understanding ACHIEVEMENT CHECK Thinking/ Problem Solving Cedition Application 11. The table below lists numbers of divorces and personal bankruptcies in Canada for the years

image text in transcribed
Knowledge/ Understanding ACHIEVEMENT CHECK Thinking/ Problem Solving Cedition Application 11. The table below lists numbers of divorces and personal bankruptcies in Canada for the years 1976 through 1985. Year Divorces Bankruptcies 1976 54 207 10 049 1977 55 370 12 772 57 155 15 938 1979 59 474 17 876 1980 62 019 21 025 1981 67 671 23 036 1982 70 436 30 643 1983 68 567 26 822 1984 65 172 22 022 1985 61 976 19 752 1978 a) Create a scatter plot and classify the linear correlation between the number of divorces and the number of bankruptcies b) Perform a regression analysis. Record the equation of the line of best fit and the correlation coefficient. c) Identify an external variable that could be a common-cause factor. d) Describe what further investigation you could do to analyse the possible relationship between divorces and bankruptcies

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_2

Step: 3

blur-text-image_3

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

The Oxford Handbook Of Pricing Management

Authors: Ozalp Ozer, Robert Phillips

1st Edition

0199543178, 978-0199543175

More Books

Students also viewed these Finance questions

Question

b. Where did they come from?

Answered: 1 week ago

Question

c. What were the reasons for their move? Did they come voluntarily?

Answered: 1 week ago

Question

5. How do economic situations affect intergroup relations?

Answered: 1 week ago