An economist is studying the job market in Denver area neighborhoods. Let x represent the total number of jobs in a given neighborhood, and let y represent the number of entry-level jobs in the same neighborhood. 13184 Denver neighborhoods gave the following information (units in hundreds of jobs). 17 30 52 28 50 25 3 5 9 3 A USE SALT Complete parts (a) through (e), given Ex = 202, Ey = 29, E - 7802, Ey? - 177, Exy - 1153, and r 0.9199. (a) Draw a scatter diagram displaying the data. jobs (in hundreds)

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question
ep%3D28174037&elSBN=9781337713184
An economist is studying the job market in Denver area neighborhoods. Let x represent the total number of jobs in a given neighborhood, and let y represent the number of entry-level jobs in the same neighborhood. A sample of six
Denver neighborhoods gave the following information (units in hundreds of jobs).
17
30
52
28
50
25
9.
3
n USE SALT
Complete parts (a) through (e), given Ex = 202, Ey = 29, Ex = 7802, Ey = 177, Exy = 1153, and r 0.9199.
%3D
%3D
(a) Draw a scatter diagram displaying the data.
20
25
30
35
40
45
50
25
30
35
40
45
50
X (total number of jobs (in hundreds))
x (total number of jobs (in hundreds))
50
50
45
45
40
40
35
35
30
30
25
imber of entry-level jobs (in hundreds))
y (number of entry-level jobs (in hundreds))
20
25
number of entry-level jobs (in hundreds))
y (number of entry-level jobs (in hundreds))
20
20
Transcribed Image Text:ep%3D28174037&elSBN=9781337713184 An economist is studying the job market in Denver area neighborhoods. Let x represent the total number of jobs in a given neighborhood, and let y represent the number of entry-level jobs in the same neighborhood. A sample of six Denver neighborhoods gave the following information (units in hundreds of jobs). 17 30 52 28 50 25 9. 3 n USE SALT Complete parts (a) through (e), given Ex = 202, Ey = 29, Ex = 7802, Ey = 177, Exy = 1153, and r 0.9199. %3D %3D (a) Draw a scatter diagram displaying the data. 20 25 30 35 40 45 50 25 30 35 40 45 50 X (total number of jobs (in hundreds)) x (total number of jobs (in hundreds)) 50 50 45 45 40 40 35 35 30 30 25 imber of entry-level jobs (in hundreds)) y (number of entry-level jobs (in hundreds)) 20 25 number of entry-level jobs (in hundreds)) y (number of entry-level jobs (in hundreds)) 20 20
în hundreds))
x (total number of jobs (in hundreds))
50
50
45
45
40
40
35
35
30
30
25
25
20
20
3
4
6.
7
8.
9.
2
4.
6.
7
8
9.
x (total number of jobs (in hundreds))
x (total number of jobs (in hundreds))
(b) Verify the given sums Ex, Ey, Ex, Ey, Exy, and the value of the sample correlation coefficient r. (Round your value for r to four decimal places.)
Σχ=
Ey
%3D
Σχ2
Ey?
%3D
Exy
%3D
r =
(c) Find x, and y. Then find the equation of the least-squares line ŷ = a + bx. (Round your answers to four decimal places.)
+
(d) Graph the least-squares line. Be sure to plot the point (x, y) as a point on the line.
50
8
45
in hundreds))
y (number of entry-level jobs (in hundreds))
(in hundreds))
y (number of entry-level jobs (in hundreds))
Transcribed Image Text:în hundreds)) x (total number of jobs (in hundreds)) 50 50 45 45 40 40 35 35 30 30 25 25 20 20 3 4 6. 7 8. 9. 2 4. 6. 7 8 9. x (total number of jobs (in hundreds)) x (total number of jobs (in hundreds)) (b) Verify the given sums Ex, Ey, Ex, Ey, Exy, and the value of the sample correlation coefficient r. (Round your value for r to four decimal places.) Σχ= Ey %3D Σχ2 Ey? %3D Exy %3D r = (c) Find x, and y. Then find the equation of the least-squares line ŷ = a + bx. (Round your answers to four decimal places.) + (d) Graph the least-squares line. Be sure to plot the point (x, y) as a point on the line. 50 8 45 in hundreds)) y (number of entry-level jobs (in hundreds)) (in hundreds)) y (number of entry-level jobs (in hundreds))
Expert Solution
steps

Step by step

Solved in 2 steps with 1 images

Blurred answer
Similar questions
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman