Solved

In an Effort to Decide If There Is an Association

Question 100

Essay

In an effort to decide if there is an association between the year of a postal increase and the new postal rate for first class mail, the data were gathered from the United States Postal Service. In 1981, the United States Postal Service changed their rates on March 22 and November 1. This information is shown in the table below.

YearRate19710.0819740.1019750.1319780.1519810.1819810.2019850.2219880.2519910.2919950.32\begin{array}{|c|c|}\hline \text {Year} & \text {Rate} \\\hline 1971 & 0.08 \\\hline 1974 & 0.10 \\\hline 1975 & 0.13 \\\hline 1978 & 0.15 \\\hline 1981 & 0.18 \\\hline 1981 & 0.20 \\\hline 1985 & 0.22 \\\hline 1988 & 0.25 \\\hline 1991 & 0.29 \\\hline 1995 & 0.32 \\\hline\end{array}

-Make a scatterplot and describe the association between the year and the first class postal rate.

Correct Answer:

verifed

Verified

blured image
There is a strong, positive,...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents