The value of a quantitative variable ismeasured once a year for a 10-year period:Year
Chapter 3, Problem 14(choose chapter or problem)
The value of a quantitative variable ismeasured once a year for a 10-year period:Year Measurement Year Measurement1 61.5 6 58.22 62.3 7 57.53 60.7 8 57.54 59.8 9 56.15 58.0 10 56.0a. Draw a scatterplot to describe the variable as itchanges over time.b. Describe the measurements using the graphconstructed in part a.c. Use this MINITAB output to calculate the correlationcoefficient, r:MINITAB output for Exercise 3.14d. Find the best-fitting line using the results of part c.Verify your answer using the data entry method inyour calculator.e. Plot the best-fitting line on your scatterplot frompart a. Describe the fit of the line.
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