Income (in 1960 dollars/person) for 15 European countries and the percent of the labor force (in %) that works in agriculture in 1960 are in the table below ('OECD economic development,' 2013). X, percent of labor in agriculture Y, income 324 56 23 681 1005 504 529 27 36 14 1644 25 839 15 20 1035 977 20 1013 11 1361 11 810 177 79 18 1049 44 238 a) State the random variables. rv X = Select an answer v of Select an answer rv Y- Select an answer v of Select an answer b) The symbol and value of the correlation coefficient are as follows: Round final answer to 3 decimal places. Select an answer v= Interpret this value: There is a strong Select an answerv agriculture and income for European countries. Select an answer v relation between percent of labor in c) The symbol and value of the coefficient of determination are as follows: Round final answer to 3 decimal places. Select an answer v= Interpret this value: • About % of the Select an answer vSelect an answerv explained by the linear model with Select an answer v as its Select an answer variable.

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Income (in 1960 dollars/person) for 15 European countries and the percent of the labor force (in %) that
works in agriculture in 1960 are in the table below ('OECD economic development,' 2013).
X, percent of labor in agriculture Y, income
324
56
23
681
6
1005
504
529
27
36
14
1644
25
839
1035
977
15
20
20
1013
1361
11
11
810
79
177
1049
238
18
44
a) State the random variables,
rv X = Select an answer
v of Select an answer
rv Yr= Select an answer
v of Select an answer
b) The symbol and value of the correlation coefficient are as follows:
Round final answer to 3 decimal places.
Select an answer v=
Interpret this value:
• There is a strong Select an answer v Select an answer v relation between percent of labor in
agriculture and income for European countries.
c) The symbol and value of the coefficient of determination are as follows:
Round final answer to 3 decimal places.
Select an answer v=
Interpret this value:
• About
% of the Select an answer v Select an answerv explained by
the linear model with Select an answer
v as its Select an answer
variable.
Transcribed Image Text:Income (in 1960 dollars/person) for 15 European countries and the percent of the labor force (in %) that works in agriculture in 1960 are in the table below ('OECD economic development,' 2013). X, percent of labor in agriculture Y, income 324 56 23 681 6 1005 504 529 27 36 14 1644 25 839 1035 977 15 20 20 1013 1361 11 11 810 79 177 1049 238 18 44 a) State the random variables, rv X = Select an answer v of Select an answer rv Yr= Select an answer v of Select an answer b) The symbol and value of the correlation coefficient are as follows: Round final answer to 3 decimal places. Select an answer v= Interpret this value: • There is a strong Select an answer v Select an answer v relation between percent of labor in agriculture and income for European countries. c) The symbol and value of the coefficient of determination are as follows: Round final answer to 3 decimal places. Select an answer v= Interpret this value: • About % of the Select an answer v Select an answerv explained by the linear model with Select an answer v as its Select an answer variable.
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