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In: Statistics and Probability

State Debt and Per Capita Tax Data for per capita state debt and per capita state...

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

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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
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