Question: math satistic Each year, the US Census Bureau surveys about 3.5 million households with The American Community Survey (ACS). Data collected from the ACS have

math satistic

Each year, the US Census Bureau surveys about 3.5 million households with The American Community Survey (ACS). Data collected from the ACS have been crucial in government and policy decisions, helping to determine the allocation of federal and state funds each year. Some of the questions asked on the survey are about their income, 2012 ACS age (in years), and gender. The table below contains this information for a random sample of 20 respondents to the Age Income Age Income 1. 28 53,000 11 34 670 2 . 18 1600 12. 55 29,000 3. 54 70,000 13. 44,000 4. 22 12,800 14. 41 48,000 5 . 18 1,200 15. 47 30,000 6. 34 30,000 16. 30 60,000 7. 21 4,500 17. 61 108,000 8. 28 20,000 18. 50 5,800 9. 29 25,000 19. 24 50,000 10 33 42,000 20 19 11,000 Find the correlation coefficient. 0.5778 O1 0.5708 O0.5

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!

The quantitative methods department head at a major midwestern university will be scheduling faculty to teach courses during the coming autumn term. Four core courses need to be covered. The four...

satistic math Each year, the US Census Bureau surveys about 3.5 million households with The American Community Survey (ACS). Data collected from the ACS have been crucial in government and policy...

Townsend Material Deprivation Index Deprivation indices are used to measure levels of deprivation in populations which go beyond simply measuring income (as in poverty measures). Initially developed...

Atl Econ J (2013) 41:89-91 DOI 10.1007/s11293-012-9342-2 ANTHOLOGY Social Capital and Income Inequality in the United States Rati Ram Published online: 17 October 2012 # International Atlantic...

The US Census Bureau provides a document to assist people with statistical inference using the data from the American Community Survey. Below is an excerpt from this document. Use the information...

1) The graph shows the cumulative percentage of total income received by the populations in four countries: P, B, R, and O. Use the graph to answer thequestions. The table shows the demand and supply...

The American Community Survey (ACS) is a survey of around 3.5 million homes in the United States and Puerto Rico conducted annually by the U.S. Census Bureau. Aggregate data from the ACS are released...

The American Community Survey (ACS), administered by the US Census Bureau, is given every year to a random sample of about 3.5 million households, about 3% of all US households. Data on a random...

Tasks to be completed: 1.a. SUM - use SUM function for Rows 2 - 53 to display in Column H 1.b. SUM - use SUM function for each column B through H to display in row 55 2. AVERAGE - Use AVERAGE...

The Married variable in ACS codes whether each respondent is married (1) or not (0). (a) In the ACS dataset, there are 825 people who are 15 years of age or older, and p = 0.53 of these people are...

Prove that every positive definite matrix K can be written as a Gram matrix.

An inventor proposes to extract 100C water from a hot spring and use it to power a heat engine. The atmosphere is at 20C. The proposed engine would operate with a flow rate of 150 kg/min and produce...

Question content area top Part 1 The _ _ _ _ _ _ _ _ rate is a price for a currency denominated in another currency. Question content area bottom Part 1 A . interest B . marginal C . reversion D ....

CLICK HERE TO REVIEW LEARNING OBJECTIVES QUESTION 1 Partially correct 11,64 points out of 16.00 Ragquestion Variable and Absorption Costing Summarized data for 2016 (the first year of operations) for...