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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Economics: Entry-Level Jobs 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 |
16 |
33 |
50 |
28 |
50 |
25 |
|
y |
2 |
3 |
6 |
5 |
9 |
3 |
Complete parts (a) through (e), given Σx = 202, Σy = 28, Σx2= 7754, Σy2= 164, Σxy = 1096 and r ≈ 0.860.
(f) For a neighborhood with x = 40jobs, how many are predicted to be entry leveljobs?
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