In a random sample of sixteen different industries the percentage employment x in STEM (science, technology, engineering, mathematics) and mean annual compensation y(in thousands of dollars) were recorded, with the following results. The scatter diagram showed a linear trend. SSxx = 1303.9 SSxy= 1503.0 %3D SSy = 2660.2 Ex = 150 .1 Ey = 915 n = 16 !! 1sxs 34 36.7 s y s 90.5 r = .81 What percentage of the variation in mean annual compensation can be explained by the percentage employment in STEM for an industry? Enter your answer to the nearest percentage between 0-100.

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
In a random sample of sixteen different industries the percentage employment x in STEM (science,
technology, engineering, mathematics) and mean annual compensation y(in thousands of dollars)
were recorded, with the following results. The scatter diagram showed a linear trend.
SSXX = 1303.9
SSxy= 1503.0
%3D
SSy
= 2660.2
Ex = 150 .1
Ey = 915 n= 16
1<x < 34
36.7 < y < 90.5
r = .81
What percentage of the variation in mean annual compensation can be explained by the
percentage employment in STEM for an industry? Enter your answer to the nearest percentage
between 0 -100.
Transcribed Image Text:In a random sample of sixteen different industries the percentage employment x in STEM (science, technology, engineering, mathematics) and mean annual compensation y(in thousands of dollars) were recorded, with the following results. The scatter diagram showed a linear trend. SSXX = 1303.9 SSxy= 1503.0 %3D SSy = 2660.2 Ex = 150 .1 Ey = 915 n= 16 1<x < 34 36.7 < y < 90.5 r = .81 What percentage of the variation in mean annual compensation can be explained by the percentage employment in STEM for an industry? Enter your answer to the nearest percentage between 0 -100.
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Similar questions
  • SEE MORE 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