Statistical XY file
Year; money spent on advertising; profit (three values each row)
2008 2 12
2009 5 20
2010 7 25
2011 11 26
2012 15 40
1. draw a scatter diagram depicting the data.
2. calculate the Pearson's correlation coefficient.
3. determine the linear regression equation.
2008 2 12
2009 5 20
2010 7 25
2011 11 26
2012 15 40
1. draw a scatter diagram depicting the data.
2. calculate the Pearson's correlation coefficient.
3. determine the linear regression equation.
Correct answer:
Showing 1 comment:
Mathematican
For linear regression we use this calculator:
https://www.hackmath.net/en/calculator/linear-regression?input=2+12%0D%0A5+20%0D%0A7+25%0D%0A11+26%0D%0A15+40
https://www.hackmath.net/en/calculator/linear-regression?input=2+12%0D%0A5+20%0D%0A7+25%0D%0A11+26%0D%0A15+40
Tips for related online calculators
Looking for help with calculating arithmetic mean?
Looking for a statistical calculator?
Looking for a standard deviation calculator?
Looking for a statistical calculator?
Looking for a standard deviation calculator?
You need to know the following knowledge to solve this word math problem:
statisticsbasic operations and conceptsGrade of the word problem
Related math problems and questions:
- Marketing
Year; money spent on advertising; profit 2008 2 12 2009 5 20 2010 7 25 2011 11 26 2012 15 40 1. draw a scatter diagram depicting the data. 2. calculate the Pearson's correlation coefficient. 3. determine the linear regression equation. - Statistics quiz
Fill in the missing word. 1. in a data set, the mean, median, and mode are measured of ________________ 2. "The manipulation of variables under controlled conditions" is the data collection method known as______________ 3. in a normal distribution, the ar - Statistical survey Write TRUE OR FALSE for each question: 1 Standard deviation measures central location. 2. The most frequent observation in a data set is known as the mode. 3 The most passive method of data collection is observation. 4 Access time for secondary data is sh
- Coefficient of skewness
For the data set whose Karl Pearson's Coefficient of skewness = -2.25, variance is 16, and Mean is 35, then its median value will be: - The airlines The airline's company is interested in decreasing the waiting time spent by customers while buying air tickets. So, the relationship between waiting time "y" in minutes and the number of counters "x" operating to sell tickets has been studied (Marks 6) Th
- Precious metals
From 2006-2009, the value of precious metals changed rapidly. The data in the following table represent the total rate of return (in percentage) for platinum, gold, and silver from 2006 through 2009: Year Platinum Gold Silver 2009 62.7 25.0 56.8 2008 -41. - Bivariate data set Here is a bivariate data set in which you believe y to be the response variable. x y 51.4 44.8 60.2 46.6 60.1 46.8 45.8 46.3 37.4 41.8 72.4 52.5 60 48.2 67.5 49.5 60.9 49.8 51.1 45.7 62.7 49.6 194.9 84.2 Make a scatter plot of this data. Which point is an
