Mathematics, 31.05.2021 16:20 Gkenneth2017
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 the following information (units in hundreds of jobs).
x 13 34 52 28 50 25
y 1 4 5 5 9 3
Complete parts (a) through (e), given Σx = 202, Σy = 27, Σx2 = 7938, Σy2 = 157, Σxy = 1074, and r ≈ 0.821.
Required:
Verify the given sums Σx, Σy, Σx2, Σy2, Σxy, and the value of the sample correlation coefficient r.
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