The following table gives information on the incomes (in thousands of dollars) and charitable contributions (in hundreds of dollars) for the last year for a random sample of 10 households. Income Charitable Contributions 76 15 57 4 140 42 97 33 75 5 107 32 65 10 77 18 102 28 53 4.Which variable is the dependent variable, and which one is the independent variable?Draw an appropriate chart that represents the relationship between the two variables and comment on it?Find the correlation coefficient and comment on its value?Find the least-squares regression line?Comment on the value of the intercept and the slope?

Name: The following table gives information on the incomes (in thousands of
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Description: The following table gives information on the incomes (in thousands of dollars) and charitable contributions (in hundreds of dollars) for the last year for a random sample of 10 households. Income Charitable Contributions 76 15 57 4 140 42 97 33 75 5

There are two variables which are Income and Charitable Contributions. We have to do regression…

Answered: The following table gives information…

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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The following table gives information on the incomes (in thousands of dollars) and charitable contributions (in hundreds of dollars) for the last year for a random sample of 10 households. Income Charitable Contributions 76 15 57 4 140 42 97 33 75 5 107 32 65 10 77 18 102 28 53 4.

Which variable is the dependent variable, and which one is the independent variable?
Draw an appropriate chart that represents the relationship between the two variables and comment on it?
Find the correlation coefficient and comment on its value?
Find the least-squares regression line?
Comment on the value of the intercept and the slope?

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