Question

A sociologist is interested in the relation between x = number of job changes and y...

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) 3 5 4 6 1 5 9 10 10 3
y (Salary in $1000) 37 32 34 32 32 38 43 37 40 33

Σx = 56; Σy = 358; Σx2 = 402; Σy2 = 12,948; Σxy = 2,077

(a) Find x, y, b, and the equation of the least-squares line. (Round your answers for x and y to two decimal places. Round your least-squares estimates to three decimal places.)

x =
y =
b =
ŷ = +  x


(b) Draw a scatter diagram for the data. Plot the least-squares line on your scatter diagram.


(c) Find the sample correlation coefficient r and the coefficient of determination. (Round your answers to three decimal places.)

r =
r2 =


What percentage of variation in y is explained by the least-squares model? (Round your answer to one decimal place.)
%

(d) If someone had x = 5 job changes, what does the least-squares line predict for y, the annual salary? (Round your answer to two decimal places.)
thousand dollars

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