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Determine the correlation coefficient

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Reference no: EM13552692

1. Two accounts each began with a deposit of $10,000. Both accounts have rates of 6.5%, but one account compounds interest once a year while the other account compounds interest continuously. Make a table that shows the amount in each account and the interest earned after one year, five, years, ten years, and 20 years.
(Round ALL values to the nearest Dollar AND Do NOT include Dollar Signs)


Literacy and Hunger
Country % Who Are Literate (x) % Who Are Undernourished (y)
Cuba 100 2
Egypt 71 4
Ethiopia 36 46
Grenada 96 7
Italy 98 2
Jamaica 80 9
Jordan 91 6
Pakistan 50 24
Russia 99 3
Togo 53 24
Uganda 67 19

Problem #38
Use the data above to solve these exercises:
a. Determine the correlation coefficient, rounded to two decimal places, between percentage of people in a country who are literate and the percentage who are undernourished.
b. Find the equation of the regression line for the percentage who are literate and the percentage who are undernourished. Round "m" and "b" to two decimal places.
c. What percentage of people, to the nearest percent, can we anticipate are undernourished in a country where 60% of the people are literate?

Reference no: EM13552692

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