A regional planner is studying the demographics in a region of a particular state. She has...

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A regional planner is studying the demographics in a region of aparticular state. She has gathered the following data on ninecounties.

CountryMedian
Income
Median
Age
Coastal
A$47,96356.41
B49,58558.91
C46,44057.51
D46,39141.21
E34,80639.40
F39,41641.21
G35,54941.30
H30,79633.50
J32,23321.71
(a)

Is there a linear relationship between the median income andmedian age? (Round your answer to 3 decimalplaces.)

  (Click to select)NoYes, the correlation of Incomeand Median Age is .
(b)Which variable is the "dependent" variable?
Median Income
Median Age
(c-1)

Use statistical software to determine the regression equation.(Round your answers to 2 decimal places.)

  Income =  +  Median Age.
(c-2)

Interpret the value of the slope in a simple regressionequation. (Round your answer to the nearest wholenumber.)

  For each year increase in age, the income increases$  on average.
(d)

Include the aspect that the county is "coastal" or not in amultiple linear regression analysis using a "dummy" variable. Doesit appear to be a significant influence on incomes?(Negative amounts should be indicated by a minus sign.Round your answers to 2 decimal places.)

  Income =  +  Median Age+  Coastal
(e)

Test each of the individual coefficients to see if they aresignificant. (Round your answers to 2 decimal places.Negative amounts should be indicated by a minus sign. Leave nocells blank - be certain to enter "0" whereverrequired.)

  PredictorTP
  Median Age        
  Coastal        

Answer & Explanation Solved by verified expert
4.2 Ratings (852 Votes)
a We need to use a scatter plot and chart Y Median Income andX Median AgeFrom the scatter plot we can see that there is a linerrelationship    See Answer
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