Question

In: Statistics and Probability

In the offered table the data related to: Income Activities 1,250 35 1,400 38 1,375 31...

In the offered table the data related to:

Income Activities
1,250 35
1,400 38
1,375 31
1,825 45
1,175 20
1,740 39

With the variables of biweekly income and number of activities carried out by 6 people; find and analyze:

a) Linear scatter diagram
b) Correlation coefficient
c) Perform a null hypothesis test that the linear correlation coefficients in the universe are not significantly different from zero. Present the six steps learned, with a significance level of 0.05, for the t & F test
d) Linear regression equation for Ye
e) Error range
f) Estimate of the level of activities with an income of $1,600.

Solutions

Expert Solution

b)

c)

d)

We are allowed to solve four sub parts only.


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