Sociology: Job Changes A sociologist is interested in the relation between x 5number of job changes and
Question:
Sociology: Job Changes A sociologist is interested in the relation between x 5number of job changes and y 5annual salary (in thousands of dollars) for people living in the Nashville area. A random sample of 10 people employed in Nashville provided the following information:
x (Number of job changes)
4 7 5 6 1 5 9 10 10 3 y (Salary in
$1000)
33 37 34 32 32 38 43 37 40 33 Sx 5 60; Sy 5 359; Sx2 5 442; Sy2 513,013;
Sxy 5 2231
(a) Draw a scatter diagram for the data.
(b) Find x , y,
b, and the equation of the least-squares line. Plot the line on the scatter diagram of part (a).
(c) Find the sample correlation coefficient r and the coefficient of determination. What percentage of variation in y is explained by the least-squares model?
(d) Test the claim that the population correlation coefficient r is positive at the 5% level of significance.
(e) If someone had x 5 2 job changes, what does the least-squares line predict for y, the annual salary?
(f) Verify that Se < 2.56.
(g) Find a 90% confidence interval for the annual salary of an individual with x 5 2 job changes.
(h) Test the claim that the slope b of the population least-squares line is positive at the 5% level of significance.
(i) Find a 90% confidence interval for b and interpret its meaning.
AppendixLO1
Step by Step Answer:
Understandable Statistics Concepts And Methods
ISBN: 9780357719176
13th Edition
Authors: Charles Henry Brase, Corrinne Pellillo Brase