[Solution] A sociologist is interested in the relation between x = number of job changes and y = annual salary (in thousands of dollars) for people living
Question: A sociologist is interested in the relation between x = number of job changes and y = annual salary (in thousands of dollars) for people living in the Nashville area. A random sample of 10 people employed in Nashville provided the following information:
x (number of job changes) 0 7 6 2 8 6 8 7 0 0
y (salary in $1000s) 56 45 45 47 69 73 57 69 54 68
- Draw a scatter diagram for the data.
- Find \[\bar{x},\ \bar{y}\] , a , b , and the equation of the least-squares line.
- If someone had x = 3 job changes, what does the line predict for y , the annual salary?
- Find a 95% confidence interval for the prediction in part c.
- Find the sample correlation coefficient r .
- Test the correlation coefficient for significance at the 90% confidence level.
- Calculate the Spearman rank correlation coefficient for these data.
Deliverable: Word Document 