Men's and Women's Median Weekly Pay Women's Median Pay (dollars per week) Predicted Women = -40.93 +0.862 Men Q 800- 750- 700- 650- 600- 550- 700 750 800 850 900 950 Men's Median Pay (dollars per week) ☑ The accompanying scatterplot shows the median weekly earnings (by quarter) for men and women in a country for the years from 2005 through 2017. The correlation is 0.981. Complete parts (a) through (d) below. Click the icon to view the scatterplot of median weekly earnings. a. Use the scatterplot to estimate the median weekly income for women in a quarter in which the median pay for men is about $750. The predicted median pay for women is about $ ☐ (Round to the nearest dollar as needed.) b. Use the regression equation shown above the graph to get a more precise estimate of the median pay for women in a quarter in which the median pay for men is $750. The predicted median pay for women is $ (Round to the nearest cent as needed.) c. What is the slope of the regression equation? Interpret the slope of the regression equation. Select the correct choice below and fill in the answer box(es) to complete your choice. ○ A. The slope is Each additional dollar in men's pay causes an increase of $ (Type integers or decimals. Do not round.) in the women's pay. B. The slope is Each additional dollar in men's pay is associated with an increase of $ on average, in the women's pay. (Type integers or decimals. Do not round.)

MATLAB: An Introduction with Applications
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Author:Amos Gilat
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Men's and Women's Median Weekly Pay
Women's Median Pay (dollars per week)
Predicted Women = -40.93 +0.862 Men
Q
800-
750-
700-
650-
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550-
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Men's Median Pay (dollars per week)
☑
Transcribed Image Text:Men's and Women's Median Weekly Pay Women's Median Pay (dollars per week) Predicted Women = -40.93 +0.862 Men Q 800- 750- 700- 650- 600- 550- 700 750 800 850 900 950 Men's Median Pay (dollars per week) ☑
The accompanying scatterplot shows the median weekly earnings (by quarter) for men and women in a country for the years from 2005 through 2017. The correlation is 0.981.
Complete parts (a) through (d) below.
Click the icon to view the scatterplot of median weekly earnings.
a. Use the scatterplot to estimate the median weekly income for women in a quarter in which the median pay for men is about $750.
The predicted median pay for women is about $ ☐
(Round to the nearest dollar as needed.)
b. Use the regression equation shown above the graph to get a more precise estimate of the median pay for women in a quarter in which the median pay for men is $750.
The predicted median pay for women is $
(Round to the nearest cent as needed.)
c. What is the slope of the regression equation? Interpret the slope of the regression equation. Select the correct choice below and fill in the answer box(es) to complete your
choice.
○ A. The slope is
Each additional dollar in men's pay causes an increase of $
(Type integers or decimals. Do not round.)
in the women's pay.
B. The slope is
Each additional dollar in men's pay is associated with an increase of $ on average, in the women's pay.
(Type integers or decimals. Do not round.)
Transcribed Image Text:The accompanying scatterplot shows the median weekly earnings (by quarter) for men and women in a country for the years from 2005 through 2017. The correlation is 0.981. Complete parts (a) through (d) below. Click the icon to view the scatterplot of median weekly earnings. a. Use the scatterplot to estimate the median weekly income for women in a quarter in which the median pay for men is about $750. The predicted median pay for women is about $ ☐ (Round to the nearest dollar as needed.) b. Use the regression equation shown above the graph to get a more precise estimate of the median pay for women in a quarter in which the median pay for men is $750. The predicted median pay for women is $ (Round to the nearest cent as needed.) c. What is the slope of the regression equation? Interpret the slope of the regression equation. Select the correct choice below and fill in the answer box(es) to complete your choice. ○ A. The slope is Each additional dollar in men's pay causes an increase of $ (Type integers or decimals. Do not round.) in the women's pay. B. The slope is Each additional dollar in men's pay is associated with an increase of $ on average, in the women's pay. (Type integers or decimals. Do not round.)
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