The data in the table below can be used to explore the association between the rate of television ow
Question: The data in the table below can be used to explore the association between the rate of
television ownership and per capita gross domestic product for several countries.
Country | TV’s per Thousand | Per Capita GDP (U.S. Dollars) |
Algeria | 105 | 5500 |
Australia | 554 | 23,200 |
China | 321 | 3,600 |
Dominican Republic | 95 | 5,700 |
Hungary | 435 | 11,200 |
Italy | 528 | 22,100 |
Russia | 410 | 7,700 |
Syria | 70 | 3,700 |
United States | 806 | 36,200 |
a) Make a scatter plot showing the trend in television ownership versus per capita GDP. Describe
what you see.b) Determine the correlation and comment on its significance.
c) Find the equation of the line of regression. Interpret the slope of the equation.
d) Use your model to predict the rate of TV ownership for Saudi Arabia, which has a per capita GDP of $10,500. How much confidence do you have in this prediction? Explain.
e) Discuss the impact that the U.S. data exerts on the model.
Price: $2.99
Solution: The answer consists of 3 pages
Deliverables: Word Document
Deliverables: Word Document
