Chapter 9, Problem 8CT

For Exercises 2–9, use the data in the table, which shows the average annual salaries (both in thousands of dollars) for librarians and postsecondary library science teachers in the United States for 12 years. (Source: Bureau of Labor Statistics)

Librarians, x	Library science teachers y
49.1	56.6
50.9	57.6
52.9	59.7
54.7	61.6
55.7	64.3
56.4	67.0
57.0	70.0
57.2	70.8
57.6	73.3
58.1	72.4
58.9	73.0
59.9	72.3

8. Find the standard error of estimate s_e and interpret the result.