Summary Statistics Switch Variables Statistic medianhouseholdincome casesper100k Мean 65057.304 652.217 Standard Deviation 11542.583 435.999 Sample Size 23 Correlation -0.115 Slope -0.0044 Intercept 935.699 Scatterplot Controls O Show Regression Line DO 45000 50000 55000 60000 65000 70000 75000 80000 85000 90000

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Interpret the Y intercept in context. If you feel y intercept doesn't make sense in this case
explain why.
Interpret the slope in context.
Transcribed Image Text:Interpret the Y intercept in context. If you feel y intercept doesn't make sense in this case explain why. Interpret the slope in context.
StatKey Descriptive Statistics for Two Quantitative Variables
Custom Dataset
Show Data Table
Edit Data
Upload File
Change Column(s)
2000
Summary Statistics Switch Variables
Statistic
medianhouseholdincome casesper100k
Mean
65057.304
652.217
Standard
1500
11542.583
435.999
Deviation
Sample Size
23
Correlation
-0.115
Slope
-0.0044
1000
Intercept
935.699
Scatterplot Controls
Show Regression Line
500
0.
45000
50000
55000
60000
65000
70000
75000
80000
85000
90000
medianhouseholdincome
casesper100k
Transcribed Image Text:StatKey Descriptive Statistics for Two Quantitative Variables Custom Dataset Show Data Table Edit Data Upload File Change Column(s) 2000 Summary Statistics Switch Variables Statistic medianhouseholdincome casesper100k Mean 65057.304 652.217 Standard 1500 11542.583 435.999 Deviation Sample Size 23 Correlation -0.115 Slope -0.0044 1000 Intercept 935.699 Scatterplot Controls Show Regression Line 500 0. 45000 50000 55000 60000 65000 70000 75000 80000 85000 90000 medianhouseholdincome casesper100k
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