Question: please answer 2. For the past 12 years, the number of farms in Country X declined while the average size of farms increased. The following
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2. For the past 12 years, the number of farms in Country X declined while the average size of farms increased. The following data provided by the Country's Department of Agriculture shows the yearly data for country's farms. Year Number of Farms (millions) Average Size (Acres) 5.45 212 4.70 254 3.94 296 3.25 335 2.90 370 2.49 415 2.43 420 2.26 435 2.20 452 2.10 462 2.15 437 12 2.09 440 For each of the two data sets (Number of Farms and Average Size): a. Determine the following Measures of Central Tendency: 1. Mean 2. Median 3. Mode b. Find the following measures of variability: 1. Range 2. Variance 3. Standard Deviation 4. Coefficient of Variation c. Construct a scatter plot. d. Compute the coefficient of correlation. Based on the results, describe the type and strength of the relationship between the two given variables. e. Develop the equation of a regression line to predict the average size of a farm by the number of farms. Discuss the slope and y-intercept of the model. God Bless E
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