How do i calculate g on calculate g A sociologist is interested in the relation between x = number of job changes and y = annual 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 5 6 6 1 5 9 10 10 3 y (Salary in $1000) 37 34 32 32 32 38 43 37 40 33 In this setting we have Σx = 59, Σy = 358, Σx2 = 429, Σy2 = 12,948, and Σxy = 2180. (a) Find x, y, b, and the equation of the least-squares line. (Round your answers for x and y to two decimal places. Round your least-squares estimates to four decimal places.) x = y = b = ŷ = + x (b) Draw a scatter diagram displaying the data. Graph the least-squares line on your scatter diagram. Be sure to plot the point (x, y). (c) Find the sample correlation coefficient r and the coefficient of determination. (Round your answers to three decimal places.) r = r2 = What percentage of variation in y is explained by the least-squares model? (Round your answer to one decimal place.) %(d) Test the claim that the population correlation coefficient ρ is positive at the 5% level of significance. (Round your test statistic to three decimal places.) t = Find or estimate the P-value of the test statistic. P-value > 0.2500.125 < P-value < 0.250 0.100 < P-value < 0.1250.075 < P-value < 0.1000.050 < P-value < 0.0750.025 < P-value < 0.0500.010 < P-value < 0.0250.005 < P-value < 0.0100.0005 < P-value < 0.005P-value < 0.0005 Conclusion Reject the null hypothesis. There is sufficient evidence that ρ > 0.Reject the null hypothesis. There is insufficient evidence that ρ > 0. Fail to reject the null hypothesis. There is sufficient evidence that ρ > 0.Fail to reject the null hypothesis. There is insufficient evidence that ρ > 0. (e) If someone had x = 10 job changes, what does the least-squares line predict for y, the annual salary? (Round your answer to two decimal places.) thousand dollars(f) Find Se. (Round your answer to two decimal places.)Se = (g) Find a 90% confidence interval for the annual salary of an individual with x = 10 job changes. (Round your answers to two decimal places.) lower limit thousand dollars upper limit thousand dollars (h) Test the claim that the slope β of the population least-squares line is positive at the 5% level of significance. (Round your test statistic to three decimal places.) t = Find or estimate the P-value of the test statistic. P-value > 0.2500.125 < P-value < 0.250 0.100 < P-value < 0.1250.075 < P-value < 0.1000.050 < P-value < 0.0750.025 < P-value < 0.0500.010 < P-value < 0.0250.005 < P-value < 0.0100.0005 < P-value < 0.005P-value < 0.0005
Correlation
Correlation defines a relationship between two independent variables. It tells the degree to which variables move in relation to each other. When two sets of data are related to each other, there is a correlation between them.
Linear Correlation
A correlation is used to determine the relationships between numerical and categorical variables. In other words, it is an indicator of how things are connected to one another. The correlation analysis is the study of how variables are related.
Regression Analysis
Regression analysis is a statistical method in which it estimates the relationship between a dependent variable and one or more independent variable. In simple terms dependent variable is called as outcome variable and independent variable is called as predictors. Regression analysis is one of the methods to find the trends in data. The independent variable used in Regression analysis is named Predictor variable. It offers data of an associated dependent variable regarding a particular outcome.
How do i calculate g on calculate g
A sociologist is interested in the relation between x = number of job changes and y = annual 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 | 5 | 6 | 6 | 1 | 5 | 9 | 10 | 10 | 3 |
y (Salary in $1000) | 37 | 34 | 32 | 32 | 32 | 38 | 43 | 37 | 40 | 33 |
In this setting we have Σx = 59, Σy = 358, Σx2 = 429, Σy2 = 12,948, and Σxy = 2180.
x | = | |
y | = | |
b | = | |
ŷ | = | + x |
(b) Draw a
(c) Find the sample
r = | |
r2 = |
What percentage of variation in y is explained by the least-squares model? (Round your answer to one decimal place.)
%
(d) Test the claim that the population correlation coefficient ρ is positive at the 5% level of significance. (Round your test statistic to three decimal places.)
Find or estimate the P-value of the test statistic.
Conclusion
(e) If someone had x = 10 job changes, what does the least-squares line predict for y, the annual salary? (Round your answer to two decimal places.)
thousand dollars
(f) Find Se. (Round your answer to two decimal places.)
Se =
(g) Find a 90% confidence interval for the annual salary of an individual with x = 10 job changes. (Round your answers to two decimal places.)
lower limit | thousand dollars |
upper limit | thousand dollars |
(h) Test the claim that the slope β of the population least-squares line is positive at the 5% level of significance. (Round your test statistic to three decimal places.)
Find or estimate the P-value of the test statistic.
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