Purchase Solution

Statistics

Not what you're looking for?

Ask Custom Question

A sociologist in interested in the relation between x = number of job changes and y = annual salary( in thousands of dollars) for people living in the Nashville area. A random sample of 10 people employed in Nashville provided the following information: ( You may have to re-write the graph below because I cannot get it to line up properly, I hope it does not confuse you, I actually re-typed it below, hopefully it will come out clearer:)

X # of Jobs| 4 7 5 6 1 5 9 10 10 3
Y $ in $1000| 33 37 34 32 32 38 43 37 40 33

Ex = 60; Ey = 359; Ex^2= 442; Ey^2= 13,013; Exy= 2231

A) draw a scatter diagram
B) find the equation of the least-squared line, and plot the line on the scatter diagram of part (a).
C) find the correlation coefficient of r. Find the coefficient determination of r^2. What percentage of variation in y in explained by the variation in x and the least-squares model?
D) if someone had x = 2 job changes, what does the least-squares line predict for y, the annual salary?

X ( # of jobs) Y ( salary in $1000)

4 33
7 37
5 34
6 32
1 32
5 38
9 43
10 37
10 40
3 33

Purchase this Solution

Solution Summary

A Complete, Neat and Step-by-step Solution is provided in the attached Excel file.

Purchase this Solution


Free BrainMass Quizzes
Measures of Central Tendency

This quiz evaluates the students understanding of the measures of central tendency seen in statistics. This quiz is specifically designed to incorporate the measures of central tendency as they relate to psychological research.

Know Your Statistical Concepts

Each question is a choice-summary multiple choice question that presents you with a statistical concept and then 4 numbered statements. You must decide which (if any) of the numbered statements is/are true as they relate to the statistical concept.

Measures of Central Tendency

Tests knowledge of the three main measures of central tendency, including some simple calculation questions.

Terms and Definitions for Statistics

This quiz covers basic terms and definitions of statistics.