An economist is studying the job market in Denver-area neighborhoods. Let x represent the total numb
Question: An economist is studying the job market in Denver-area neighborhoods. Let x represent the total number of jobs in a given neighborhood and let y represent the number of entry level jobs in the same neighborhood. A sample of six Denver neighborhoods gave a the following information (units in 100s of jobs)-
x | 16 | 33 | 50 | 28 | 50 | 25 |
y | 2 | 3 | 6 | 5 | 9 | 3 |
a) Complete parts a through e given ∑x=202, ∑y=28, ∑x2=7754, ∑y2=164, ∑xy=1096, and r~.860
b) For a neighborhood with x=40 jobs, how many are predicted to be entry-level jobs?
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Solution: The solution consists of 3 pages
Deliverables: Word Document
Deliverables: Word Document
