User Account

All Pages

Correlation and regression

Assignment Help Basic Statistics
Reference no: EM131106884

Correlation and Regression

A survey was carried out to find the salaries for technicians working in maintenance at Atlanta International Airport. The number of years spent in education was recorded as was their yearly salary. Below in the table are the results for this survey.

Education (years) Income ($ ,000s)

8 20
12 28
10 27
20 55
16 45
18 60
13 29
12 25
16 37
14 32

a) Describe in words and statistical terms the relationship between the number of years in education and corresponding salary earned. Discuss the results in terms of this sample and the population in general.

b) If William has 16 years in education what would be the expected yearly salary?

c) If John only has 5 years of education what salary would he expect on average?

Reference no: EM131106884

Questions Cloud

How critical they to long-term success of any organization : We will start our weekly discussions off by addressing the following: In your opinion, what are the main characteristics of a "strategic leader" and how critical are they to the long-term success of any organization? Give examples of great and poo..
Quality air conditioning manufactures three home air : Quality Air Conditioning manufactures three home air conditioners: an economy model, a standard model, and a deluxe model. The profits per unit are $63, $95, and $135, respectively. The production requirements per unit are as follows:
Characteristics of the iq test : Normal distribution is the most important type of distribution in the real world and applies to many different areas. For example--the IQ test is normally distributes, Can you find the characteristics of the IQ test?
How will you navigate around those challenges : In a 1-2 page APA cited paper, describe the specific challenges that you will face in creating a social media campaign for your business. How will you navigate around those challenges? How will you stay topical and credible in your social media ca..
Correlation and regression : A survey was carried out to find the salaries for technicians working in maintenance at Atlanta International Airport. The number of years spent in education was recorded as was their yearly salary. Below in the table are the results for this surv..
How can employees benefit from alternative work arrangements : How can employees benefit from alternative work arrangements? Why? What are some of the possible negative outcomes for employers and/or employees regarding alternative work arrangements?
The normal probability distribution and standard deviation : For the most recent year available, the mean annual cost to attend a private university in the United States was $26,889. Assume the distribution of annual costs follows the normal probability distribution and the standard deviation is $4,500. Nin..
State how you would apply each tool to your personal entity : Investigate at least 5 different social media tools and post short synopses of each to the discussion forum. State how you would apply each tool to your personal entity.
Develop a marketing plan for one of the organisations : Students are required to develop a marketing plan for one of the following organisations: Apple, Samsung, Sony or Motorola. The objective of the plan is FIRST to identify a new innovative product related to one of the organisations above and then ..

Reviews

Write a Review

Basic Statistics Questions & Answers

  Rolling a fair-six sided die

What is the probability of obtaining 4 ones in a row when rolling a fair, six-sided die? Interpret this probability.

  Construct a 90 confidence interval for the mean age of all

a survey of 25 randomly selected customers found the ages shown in years. 28 36 40 26 33 24 11 47 23 33 46 38 35 14 33

  Working with sampling distribution and probability

A southern state has an unemployment rate of 6%. The state conducts monthly surveys in order to track the unemployment rate. In a recent month, a random sample of 700 people showed that 35 were unemployed.

  Predicting win-loss patterns for seven possible games

Suppose the world series is about to begin. Some people get together and each decide to predict different win-loss patterns for the seven possible games during the coming series.

  Domestic cars along with the population standard deviations

The following data shows the sample size and the average age of cars for import and domestic cars along with the population standard deviations.

  Finding values symmetrically distributed around mean

95% of breaking strengths will be contained between what two values symmetrically distributed around mean?

  Determine the mean-standard deviation

Determine the mean and the standard deviation of the following frequency distribution. (Round your answers to 2 decimal places.)

  Given the linear correlation coefficient r and the sample

Given the linear correlation coefficient r and the sample size n, determine the critical values of r and use your finding to state whether or not the given r represents a significant linear correlation

  Probability that a randomly chosen member

Construct a frequency distribution for each of the generations. Use the communication categories (1) Gp Meeting, (2) Face-to-Face, (3) e-mail, and (4) Other. Calculate the probability that a randomly chosen member of the workforce prefers communica..

  What is probability that second one selected is defective

What is the probability that the second one selected is defective given that the first one was defective? (c) What is the probability that both are defective?

  Of all college freshmen who try out for the track team the

of all college freshmen who try out for the track team the coach will only accept 30. if 15 freshmen try out for the

  Players bet a dollar on a number if the number does not

in the game of chuck-a-luck we throw three dice each with six sides numbered 1 through 6. players bet a dollar on a

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd