subject
Business, 22.01.2021 20:50 esperanzar5755

The data below show the consumption of alcohol (X, liters per year per person, 14 years or older) and the death rate from cirrhosis, a liver disease (Y, death per 100,000 population) in 15 countries (each country is an observation unit). Country
Alc. Consumption
(x)
Death Rate from Cirrhosis (y)

France
Italy
Germany
Australia
Belgium
USA
Canada
England
Sweden
Japan
Netherland
Ireland
Norway
Finland
Ireal
24.7
15.2
12.3
10.9
10.8
9.9
8.3
7.2
6.6
5.8
5.7
5.6
4.2
3.9
3.1
46.1
23.6
23.7
7
12.3
14.2
7.4
3.0
7.2
10.6
3.7
3.4
4.3
3.6
5.4

Total
134.2
175.5

Questions:
i.
Draw a Scatter Diagram to show the association, if any, between these two variables;
ii. Can you draw any conclusion/observation without doing any calculation?
iii. Calculate Pearson’s Coefficient of Correlation then state your interpretation.
iv. Determine the simple linear regression line (Line of Best Fit) by calculating the estimate Intercept and Slope
v. If the model holds, what would be the death rate from Cirrhosis for a country with alcohol consumption rate of 11.0 liters per year per person?

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 02:00
True or false: a smart store layout moves customers in and out as fast as possible. a) true b) false
Answers: 2
question
Business, 22.06.2019 03:00
Put each of them in order. you are a young entrepreneur with a startup business. you now seek credit from the bank to expand it. what are the steps you will have to take? 1. you support your loan application with relevant documents. 2. you fill out the loan application form at the bank 3. you get an approval for the loan and the money is disbursed to your business account 4. you use the credit to further your business plan. 5. you have an interview with the loan officer and you explain your business plan.
Answers: 1
question
Business, 22.06.2019 13:10
A4-year project has an annual operating cash flow of $59,000. at the beginning of the project, $5,000 in net working capital was required, which will be recovered at the end of the project. the firm also spent $23,900 on equipment to start the project. this equipment will have a book value of $5,260 at the end of the project, but can be sold for $6,120. the tax rate is 35 percent. what is the year 4 cash flow?
Answers: 2
question
Business, 22.06.2019 18:50
Retirement investment advisors, inc., has just offered you an annual interest rate of 4.4 percent until you retire in 40 years. you believe that interest rates will increase over the next year and you would be offered 5 percent per year one year from today. if you plan to deposit $13,000 into the account either this year or next year, how much more will you have when you retire if you wait one year to make your deposit?
Answers: 3
You know the right answer?
The data below show the consumption of alcohol (X, liters per year per person, 14 years or older) an...
Questions
question
Chemistry, 04.02.2021 14:00
question
Chemistry, 04.02.2021 14:00
question
German, 04.02.2021 14:00
question
History, 04.02.2021 14:00
question
Mathematics, 04.02.2021 14:00