Advanced Engineering Mathematics
10th Edition
ISBN: 9780470458365
Author: Erwin Kreyszig
Publisher: Wiley, John & Sons, Incorporated
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- Let x be the average number of employees in a group health insurance plan, and let y be the average administrative cost as a percentage of claims. x 3 7 15 32 75 y 40 35 30 26 18 (a) Make a scatter diagram of the data and visualize the line you think best fits the data. Flash Player version 10 or higher is required for this question. You can get Flash Player free from Adobe's website. (b) Would you say the correlation is low, moderate, or strong? positive or negative? strong and negative moderate and negative strong and positive low and negative low and positive moderate and positive (c) Use a calculator to verify that Σx = 132, Σx2 = 6932, Σy = 149, Σy2 = 4725, and Σxy = 2997. Compute r. (Round your answer to three decimal places.)r = As x increases, does the value of r imply that y should tend to increase or decrease? Explain. Given our value of r, we cannot draw any conclusions for the behavior of y as x increases. Given our value of r, y should tend to…arrow_forwardAnnual high temperatures in a certain location have been tracked for several years. Let XX represent the year and YY the high temperature. Based on the data shown below, calculate the correlation coefficient (to three decimal places) between XX and YY. Use your calculator! x y 2 16.7 3 13.74 4 14.78 5 14.32 6 14.66 7 13.4 r=arrow_forwardPlease round all answers to 2 decimal places.Given the table below, use your calculator to find the Correlation Coefficient xx 2.6 9.1 8.3 7.9 2.9 4.9 yy 6.2 22.9 24.2 20.1 6.1 15.8 Put your answer here:arrow_forward
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