Explain what the correlation coefficient tells you about the relationship between your variables. 7. Interpret the slope of the regression equation in terms of the variables in your data set.

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Author:Amos Gilat
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5. Explain what the correlation coefficient tells you about the relationship between your variables. 7. Interpret the slope of the regression equation in terms of the variables in your data set.
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Figure 5 Scatterplot
5.
MeanX549.283
MeanY 9769.8302
1207.1809
Sx
2965.7053
Sy
-0.2488
-0.2224
Sxx
75778860.7547
457361201.4717
Syy
-46311772.4528
Sxy
4) there is no c
6) The least-squares regression equation is ŷ (y-hat)= -06111x+10105.521
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Transcribed Image Text:16000 14000- 12000- 10000- 8000- 6000- 4000- 2000- -1000 1000 2000 3000 4000 5000 6000 7000 8000 9000 10000 Figure 5 Scatterplot 5. MeanX549.283 MeanY 9769.8302 1207.1809 Sx 2965.7053 Sy -0.2488 -0.2224 Sxx 75778860.7547 457361201.4717 Syy -46311772.4528 Sxy 4) there is no c 6) The least-squares regression equation is ŷ (y-hat)= -06111x+10105.521 10000 14000 12000 10000 8000 000 4000 2000 -1000 1000 2000 3000 4000 5000 6000 7000 8000 9000 10000
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