Mathematics, 13.12.2019 18:31, randenbrown1653
Suppose for families who live in apartments the scatterplot of the family’s income and the amount of rent they pay is approximately linear with a correlation of r = 0.60. consider the following statements:
i. in general, families with higher incomes pay more rent.
ii. on average, families spend 60% of their income on rent.
iii. the regression line passes through 60% of the (income, rent) data points.
Answers: 2
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Suppose for families who live in apartments the scatterplot of the family’s income and the amount of...