Bundle: Introduction to Statistics and Data Analysis, 5th + WebAssign Printed Access Card: Peck/Olsen/Devore. 5th Edition, Single-Term
Bundle: Introduction to Statistics and Data Analysis, 5th + WebAssign Printed Access Card: Peck/Olsen/Devore. 5th Edition, Single-Term
5th Edition
ISBN: 9781305620711
Author: Roxy Peck, Chris Olsen, Jay L. Devore
Publisher: Cengage Learning
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Chapter 5.3, Problem 40E

The article referenced in the previous exercise also gave data on the percentage of operating costs covered by park revenues for the 2007–2008 fiscal year.

Chapter 5.3, Problem 40E, The article referenced in the previous exercise also gave data on the percentage of operating costs , example  1

Chapter 5.3, Problem 40E, The article referenced in the previous exercise also gave data on the percentage of operating costs , example  2

  1. a. Find the equation of the least-squares line relating y = Percent of operating costs covered by park revenues and x = Number of employees.
  2. b. Based on the values of r2 and se, do you think that the least-squares line does a good job of describing the relationship between y = Percent of operating costs covered by park revenues and x = Number of employees? Explain.
  3. c. The graph at the bottom of the page is a scatterplot of y = Percent of operating costs covered by park revenues and x = Number of employees. The least-squares line is also shown. Which observations are outliers? Do the observations with the largest residuals correspond to the park districts with the largest number of employees?
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Chapter 5 Solutions

Bundle: Introduction to Statistics and Data Analysis, 5th + WebAssign Printed Access Card: Peck/Olsen/Devore. 5th Edition, Single-Term

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