Find the correlation coefficient between median household incomes of the years 2015, and 2016. Year_2015=[44509, 75112,...
Find the correlation coefficient between median household incomes of the years 2015, and 2016.
Year_2015=[44509, 75112, 52248, 42798, 63636, 66596, 72889, 57756, 48825, 50768, 64514, 51624, 60413, 51983, 60855, 54865, 42387, 45922, 50756, 73594, 67861, 54203, 68730, 40037, 59196, 51395, 60474, 52008, 75675, 68357, 45119, 58005, 50797, 57415, 53301, 47077, 60834, 60389, 55701, 46360, 55065, 47330, 56473, 66258, 59494, 61486, 67243, 42824, 55425, 60925]
Year_2016=[47221, 75723, 57100, 45907, 66637, 70566, 75923, 58046, 51176, 53527, 72133, 56564, 61386, 56094, 59094, 56810, 45369, 42196, 50856, 73760, 72266, 57091, 70218, 41099, 55016, 57075, 59374, 55431, 76260, 68468, 48451, 61437, 53764, 60184, 53985, 50943, 59135, 60979, 61528, 54336, 57450, 51344, 58146, 67481, 60837, 66451, 70310, 44354, 59817, 57829]
Homework Answers
Here we calculate by Excel
Scatter plot:
R2 = 0.9219
Correlation coefficient :
it means Year 2015 and year 2016 strongly corelated
Add Answer to:
Find the correlation coefficient between median household
incomes of the years 2015, and 2016.
Year_2015=[44509, 75112,...
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