20 10 20 30 40 50 60 70 x (average number of employees) (b) Would you say the correlation is low, moderate, or strong? positive or negative? O strong and positive O moderate and positive low and positive O strong and negative O moderate and negative O low and negative (c) Use a calculator to verify that Ex = 133, Ex = 6693, Ey = 151, Ey- 4815, and Exy - 3163. Compute r. (Round your answer to four decimal places.) r3= As x increases, does the value of r imply that y should tend to increase decrease? Explain. O Given our value of r, y should tend to decrease as x increases. O Given our value of r, y should tend to remain constant as x increases. O Given our value of r, y should tend to increase as x increases. O Given our value of r, we cannot draw any conclusions for the behavior of y as x increases. y (aver as per

MATLAB: An Introduction with Applications
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ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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Question
Let x be the average number of employees in a group health insurance plan, and let y be the average administrative cost as a percentage of claims.
3.
15
37
71
y
40
35
30
27
19
n USE SALT
(a) Make a scatter diagram of the data and visualize the line you think best fits the data.
40
40
40
35
35
35
30
30
25
25
25
10
20
30
40
50
60
70
10
20
30
40 50
60
60. 70
70
10
20
30
40
50
X (average number
X (average number
X (average number
of employees)
of employees)
of employees)
40
35
30
25
10
20
30
40
50
60
70
X(average number
of employees)
(b) Would you say the correlation is low, moderate, or strong? positive or negative?
strong and positive
ManRook Dro
y (average cost
y (average cost
as percentage)
as percentage)
20
20
30
y (average cost
as percentage)
20
y (average cost
as percentage)
20
Transcribed Image Text:Let x be the average number of employees in a group health insurance plan, and let y be the average administrative cost as a percentage of claims. 3. 15 37 71 y 40 35 30 27 19 n USE SALT (a) Make a scatter diagram of the data and visualize the line you think best fits the data. 40 40 40 35 35 35 30 30 25 25 25 10 20 30 40 50 60 70 10 20 30 40 50 60 60. 70 70 10 20 30 40 50 X (average number X (average number X (average number of employees) of employees) of employees) 40 35 30 25 10 20 30 40 50 60 70 X(average number of employees) (b) Would you say the correlation is low, moderate, or strong? positive or negative? strong and positive ManRook Dro y (average cost y (average cost as percentage) as percentage) 20 20 30 y (average cost as percentage) 20 y (average cost as percentage) 20
30
25
20
10
20
30
40
50
60
70
x (average number
of employees)
(b) Would you say the correlation is low, moderate, or strong? positive or negative?
strong and positive
moderate and positive
low and positive
strong and negative
moderate and negative
low and negative
(c) Use a calculator to verify that Ex = 133, Ex = 6693, Ey = 151, Ey² = 4815, and Exy = 3163. Compute r. (Round your answer to four decimal places.)
%3D
=
As x increases, does the value of r imply that y should tend to increase or decrease? Explain.
Given our value of r, y should tend to decrease as x increases.
Given our value of r, y should tend to remain constant as x increases.
Given our value of r, y should tend to increase as x increases.
Given our value of r, we cannot draw any conclusions for the behavior of y as x increases.
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y (average c
as percenta,
Transcribed Image Text:30 25 20 10 20 30 40 50 60 70 x (average number of employees) (b) Would you say the correlation is low, moderate, or strong? positive or negative? strong and positive moderate and positive low and positive strong and negative moderate and negative low and negative (c) Use a calculator to verify that Ex = 133, Ex = 6693, Ey = 151, Ey² = 4815, and Exy = 3163. Compute r. (Round your answer to four decimal places.) %3D = As x increases, does the value of r imply that y should tend to increase or decrease? Explain. Given our value of r, y should tend to decrease as x increases. Given our value of r, y should tend to remain constant as x increases. Given our value of r, y should tend to increase as x increases. Given our value of r, we cannot draw any conclusions for the behavior of y as x increases. Need Help? Read It Watch It y (average c as percenta,
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