A survey found that social networking is popular in many nations around the world. Data was collected on the level of social media networking (measured as the percent of individuals polled who use social networking sites) and the GDP per capita based on purchasing power parity (PPP) for 24 countries. Complete parts (a) through (c).Compute and interpret the coefficient of correlation, r.At the 0.05 level of significance, is there a significant linear relationship between GDP and social media usage?What conclusions can you reach about the relationship between GDP and social media usage? **Table: GDP (PPD) and Social Media Usage by Country**This table presents data on GDP (in Purchasing Power Parity Dollars) and social media usage percentage for 24 countries. - **Columns**: - **Country**: Represents the country numbers from 1 to 24. - **GDP (PPD)**: Displays the GDP in purchasing power parity dollars for each country. - **Social Media Usage (%)**: Shows the percentage of the population using social media in each country.- **Data Overview**: - The highest GDP listed is 19,105 PPD, and the lowest is 1477 PPD. - Social media usage ranges from 8% to 66%.Each row correlates a country's GDP to its social media usage, providing a quick look at economic status and digital engagement.

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Answered: A survey found that social networking…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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A survey found that social networking is popular in many nations around the world. Data was collected on the level of social media networking (measured as the percent of individuals polled who use social networking sites) and the GDP per capita based on purchasing power parity (PPP) for 24 countries. Complete parts (a) through (c).

Compute and interpret the coefficient of correlation, r.

At the 0.05 level of significance, is there a significant linear relationship between GDP and social media usage?

What conclusions can you reach about the relationship between GDP and social media usage?