In: Statistics and Probability
State Debt and Per Capita Tax Data for per capita state debt and per capita state tax for nine randomly selected states are shown. The correlation coefficient is
=r0.420
. Compute the standard error of the estimate rounded to at least two decimal places, if appropriate. Assume
=α0.05
.
Per capita debt
x |
3691 |
1727 |
2230 |
1229 |
661 |
1913 |
1455 |
907 |
2176 |
---|---|---|---|---|---|---|---|---|---|
Per capita tax
y |
2069 |
2179 |
2324 |
2158 |
1434 |
2049 |
1948 |
2054 |
1910 |