The data in the table below can be used to explore the association between the rate of television ownership and per capita gross domestic product for several countries. a)Make a scatterplot showing the trend in television ownership versus per capita GDP.Describe what you see. b)Determine the correlation and comment on its significance.
c)Find the equation of the line of regression.Interpret the slope of the equation.
d)Use your model to predict the rate of TV ownership for India,which has a per capita GDP of $2,200.How much confidence do you have in this prediction? Explain.
e)Discuss the impact that the U.S.A.data exerts on the model.
Correct Answer:
Verified
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q1: The table below shows the gestation
Q2: The total home-game attendance for major-league
Q3: The scatterplot below shows the percentage of
Q4: The scatterplot below displays the total home
Q5: Which of the following scatterplots of residuals
Q7: Which of the following scatterplots of residuals
Q8: Which of the labeled points below will
Q9: Which of the labeled points below are
Q10: Which of the following scatterplots of residuals
Q11: The scatterplot below displays world population (in
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents