Find persons correlation coefficient

Assignment Help Basic Statistics
Reference no: EM13700207

Does familiarity with neighbors lead to lower crime rates? A researcher has theorized that if neighbors know each other, then the crime rates will be lower than in communities in which neighbors do not have a relationship. When communities grow quickly the closeness of the community degrades. A study was done to see if there is a relationship between the crime rate and the percentage change in neighborhood population. 10 neighborhoods in a large metropolis were studied. The results are as follows.

Percentage Change in Neighborhood Population

29

2

11

17

7

6

51

13

19

7

Crime Rate (Crime per 1000 population)

173

35

132

127

69

53

223

104

99

45

1. Identify the Explanatory (X) and Response (Y) variable.

2. Find Persons Correlation Coefficient and determine if there exists a significant linear relationship.

3. Make a scatter plot of the data. Does the scatter plot support the decision from problem 2?

4. Find the Least Squares Regression Line for the data.

5. What percentage of variation in the crime rate that is explained by the linear relationship between the crime rate and the percentage of change in neighborhood population? (Hint: Coefficient of Determination)

6. Use the least squares regression line to predict the crime rate for a neighborhood with a change in population of 45 percent.

Reference no: EM13700207

Questions Cloud

Depreciation method : As asset is purchased in September and is being depreciated over 7 years using MACRS 200% Declining Balance depreciation switching over to Straight Line Depreciation, with the mid month convention. In what year should the depreciation method be switc..
Depreciable residential rental real property : Depreciable residential rental real property has been purchased for $70,000 and put into service during the third month of the taxpayer's tax year. For the applicable 27.5 year depreciation life. How many months of depreciation should be generated fo..
What is the best practices frontier : What is the best practices frontier? How does this relate to competitive advantage? Explain why rent seeking competition tends to dissiapte rents-to drive them down so that there are no abnormal rents?
What level of output should be produced to maximize profits : The cost function for a firm is given by TC = 6,000 + 12.5Q. The firm sells output in a perfectly competitive market and other firms in the industry sell at a price of P = 25 - 0.5Q. (i) What level of output should be produced to maximize profits?
Find persons correlation coefficient : Identify the Explanatory (X) and Response (Y) variable and find Persons Correlation Coefficient and determine if there exists a significant linear relationship.
What are the effects on equities : What are the effects on equities? Financial Statement Effect of Equity Securities
Write an essay using the authoritive literature to discuss : Write an essay using the authoritive literature to discuss
Outline the consequences of this tax on local labor market : Consider a new per-worker employment tax on workers (where previously there was no tax). Outline the consequences of this tax on the local labor market. Use appropriate, clear, and well-labeled diagrams. In your answer show (1) the burden of the tax ..
Pays the amount due within the discount period : What is the amount of the discount to be taken by a company that purchases inventory for $10,000 with terms 2/10, n/30, returns $2,000 of the inventory purchased, receives an allowance for defective merchandise of $100, and pays the amount due ..

Reviews

Write a Review

Basic Statistics Questions & Answers

  Suppose you have a normal distribution of values with a

suppose you have a normal distribution of values with a mean of 70 and a standard deviation of 4.5. find the

  Upper limit of the range of normal values

which is a value often used for the upper limit of the range of normal values. What do the results suggest about the sample group?

  Is there a difference in among the means

The following data show samples of three chain stores in three different locations in one town and the amount of dollars spent per customer per visit. At the 0.05 level, is there a difference in among the means?

  Time series forecasting using holt winter multiplicative

Which of the following models are appropriate to forecast a time series whose amplitude increases over time?

  A business major wants to determine whether the variation

a business major wants to determine whether the variation in advertising costs of hair salons is different from the

  Does company have reason for inspectors are slower

The 46 computer mice inspectors at a particular factory can only inspect 45 mice per hour. Does the company have reason to believe that these inspectors are slower than average at α = 0.10?

  What is the probability that the time until the first

an article in ad hoc networks discussed an underwater acoustic sensor network to monitor a given area in an ocean. the

  Explain unusual for a return with income more to be audited

Would it be unusual for a return with income of $100,000 or more to be audited? What is the probability that two randomly selected returns with income of $100,000 or more will not be audited?

  Find logic behind using sum of products of deviation scores

What is the logic behind using the sum of the products of deviation scores as the numerator of the formula for the correlation coefficient? Is this logic sound?

  Fit the regression to predict cost per load

Using test data on 20 types of laundry detergent, an analyst fitted a regression to predict CostPerLoad (average cost per load in cents per load) using binary predictors.

  You are designing a freezer that requires the production

you are designing a freezer that requires the production r-134a with t30 degrees c and a quality of 40. the feed

  What is the probability the sample mean will be greater

americans have become increasingly concerned about the rising cost of medicare. in 1990 the average annual medicare

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!

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