Would we have gotten information about the 1999 per capita income for a state (denoted by y) from its 1980 per capita income (denoted by x)? The following bivariate data give the per capita income (in thousands of dollars) for a sample of sixteen states in the years 1980 and 1999 (source: U.S. Bureau of Economic Analysis, Survey of Current Business, May 2000). The data are plotted in the scatter plot in Figure 1. Also given is the product of the 1980 per capita income and the 1999 per capita income for each of the sixteen states. (These products, written in the column labelled "xy", may aid in calculations.) 1980 per 1999 per сapita income, x capita income, y ху (in $1000s) (in $1000s) Tennessee 8.3 25.6 212.48 36 Rhode Island 9.7 29.7 288.09 Texas Idaho 10.0 26.5 265 8.7 23.4 203.58 Arizona 9.6 25.3 242.88 Colorado 10.8 31.7 342.36 Maine 8.4 25.0 210 West Virginia Vermont 8.2 20.9 171.38 8.7 25.9 225.33 Louisiana 8.8 22.8 200.64 Kontuclo 100 24 1999 per capita income (in $1000s)

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
100%
8.7
23.4
203.58
Idaho
30-
9.6
25.3
242.88
Arizona
28
Colorado
10.8
31.7
342.36
26-
Maine
8.4
25.0
210
24
West Virginia
8.2
20.9
171.38
22
Vermont
8.7
25.9
225.33
20-
Louisiana
8.8
22.8
200.64
Kentucky
8.2
23.2
190.24
13
10
11
12
Iowa
9.7
25.7
249.29
289.12
1980 per capita income
Michigan
10.4
27.8
280
(in $1000s)
Florida
10.0
28.0
Alabama
7.9
22.9
180.91
Figure 1
California
12.0
29.8
357.6
Send data to calculator
)(Send data to Excel
What is the sample correlation coefficient for these data? Carry your intermediate computations to at least four decimal places and round your answer to at least
three decimal places. (If necessary, consult a list of formulas.)
1999 per caplta In
(In $1000s
Transcribed Image Text:8.7 23.4 203.58 Idaho 30- 9.6 25.3 242.88 Arizona 28 Colorado 10.8 31.7 342.36 26- Maine 8.4 25.0 210 24 West Virginia 8.2 20.9 171.38 22 Vermont 8.7 25.9 225.33 20- Louisiana 8.8 22.8 200.64 Kentucky 8.2 23.2 190.24 13 10 11 12 Iowa 9.7 25.7 249.29 289.12 1980 per capita income Michigan 10.4 27.8 280 (in $1000s) Florida 10.0 28.0 Alabama 7.9 22.9 180.91 Figure 1 California 12.0 29.8 357.6 Send data to calculator )(Send data to Excel What is the sample correlation coefficient for these data? Carry your intermediate computations to at least four decimal places and round your answer to at least three decimal places. (If necessary, consult a list of formulas.) 1999 per caplta In (In $1000s
In ongoing economic analyses, the federal government compares per capita incomes not only among different states but also for the same state at different
times. Typically, what the federal government finds is that "poor" states tend to stay poor and "wealthy" states tend to stay wealthy.
Would we have gotten information about the 1999 per capita income for a state (denoted by y) from its 1980 per capita income (denoted by x)? The following
bivariate data give the per capita income (in thousands of dollars) for a sample of sixteen states in the years 1980 and 1999 (source: U.S. Bureau of Economic
Analysis, Survey of Current Business, May 2000). The data are plotted in the scatter plot in Figure 1. Also given is the product of the 1980 per capita income
and the 1999 per capita income for each of the sixteen states. (These products, written in the column labelled "xy", may aid in calculations.)
1980 per
1999 per
сapita
сapita
income, x
income, y
ху
(in $1000s)
(in $1000s)
38
Tennessee
8.3
25.6
212.48
36-
Rhode Island
9.7
29.7
288.09
34
Texas
10.0
26.5
265
Idaho
8.7
23.4
203.58
32
30.
Arizona
9.6
25.3
242.88
Colorado
10.8
31.7
342.36
28-
Maine
8.4
25.0
210
26-
West Virginia
8.2
20.9
171.38
24
Vermont
8.7
25.9
225.33
22
Louisiana
8.8
22.8
200.64
20-
VontuclN
100 2A
1999 per capita income
(In $1000s)
Transcribed Image Text:In ongoing economic analyses, the federal government compares per capita incomes not only among different states but also for the same state at different times. Typically, what the federal government finds is that "poor" states tend to stay poor and "wealthy" states tend to stay wealthy. Would we have gotten information about the 1999 per capita income for a state (denoted by y) from its 1980 per capita income (denoted by x)? The following bivariate data give the per capita income (in thousands of dollars) for a sample of sixteen states in the years 1980 and 1999 (source: U.S. Bureau of Economic Analysis, Survey of Current Business, May 2000). The data are plotted in the scatter plot in Figure 1. Also given is the product of the 1980 per capita income and the 1999 per capita income for each of the sixteen states. (These products, written in the column labelled "xy", may aid in calculations.) 1980 per 1999 per сapita сapita income, x income, y ху (in $1000s) (in $1000s) 38 Tennessee 8.3 25.6 212.48 36- Rhode Island 9.7 29.7 288.09 34 Texas 10.0 26.5 265 Idaho 8.7 23.4 203.58 32 30. Arizona 9.6 25.3 242.88 Colorado 10.8 31.7 342.36 28- Maine 8.4 25.0 210 26- West Virginia 8.2 20.9 171.38 24 Vermont 8.7 25.9 225.33 22 Louisiana 8.8 22.8 200.64 20- VontuclN 100 2A 1999 per capita income (In $1000s)
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps with 1 images

Blurred answer
Similar 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