Mathematics, 22.02.2021 18:50 haileyglowiak8183
A certain department store keeps track of an age and an annual income of customers who have its credit card. From a sample of 820 of such customers the following descriptive statistics had been obtained: the average age was 41 years with the standard deviation of 16 years and the average annual income was $37,290 with the standard deviation of $2,850. The correlation between the age the annual income was found to be 0.34. Answer the following questions. (Round your answers to 2 places after the decimal point).
Calculate the value of a slope.
a) 309.23 $ per year of age
b) 60.56 $ per year of age
c) 192.43$ per year of age
d) None of the above
Answers: 3
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A certain department store keeps track of an age and an annual income of customers who have its cred...
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