The table shows the percentage of employment in STEM (science, technology, engineering, and math) occupations and mean

Question:

The table shows the percentage of employment in STEM (science, technology, engineering, and math) occupations and mean annual wage (in thousands of dollars) for 16 industries. The equation of the regression line is ŷ = 1.153x + 46.374.

Percentage of employment in STEM occupations, x 10.5 15.8 1.6 11.0 8.4 1.1 23.7 7.0 Mean annual wage, y 51.3 49.6 54.8 6

Use the data to

(a) Find the coefficient of determination r₂ and interpret the result, and

(b) Find the standard error of estimate s_e and interpret the result.

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Related Book For answer-question

Elementary Statistics Picturing The World

ISBN: 9780134683416

7th Edition

Authors: Ron Larson, Betsy Farber

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Question Posted: May 18, 2019 07:32 AM

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The table shows the percentage of employment in STEM (science, technology, engineering, and math) occupations and mean

Question:

Percentage of employment in STEM occupations, x 10.5 15.8 1.6 11.0 8.4 1.1 23.7 7.0 Mean annual wage, y 51.3 49.6 54.8 63.3 73.1 46.2 70.4 67.4 Percentage of employment in STĒM occupations, x 16.7 3.7 4.8 1.0 1.0 34 1.4 8.4 Mean annual wage, y 45.0 77.6 79.6 36.7 52.4 51.0 39.2 57.4

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a About 651 of the variation in mean annual wages can be explained by ...View the full answer

Elementary Statistics Picturing The World

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