For the Following Scores,
A $$\begin{array} { c l } \mathrm { X } & \mathrm { Y } \\12 & 10 \\2 & 3 \\5 & 7 \\9 & 5 \\11 & 9 \\10 & 8 \\4 & 6 \\1 & 3\end{array}$$

question 68

Short Answer

For the following scores,
a. Find the Pearson r.
b. If Ho is rejected state the level of significance. X Y $$\begin{array} { c l } \mathrm { X } & \mathrm { Y } \\12 & 10 \\2 & 3 \\5 & 7 \\9 & 5 \\11 & 9 \\10 & 8 \\4 & 6 \\1 & 3\end{array}$$

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Definitions:

Lorenz Curve

A graphical representation of income or wealth distribution within an economy, indicating inequality.

45-degree Line

describes a line usually used in economics and other disciplines, where every point on it has equal x and y coordinates, often used as a benchmark in Keynesian cross diagrams.

Wealthiest Fifth

Refers to the top 20% of individuals or households in terms of wealth or income distribution in a given population.

Lorenz Curve

A graphical representation of the distribution of income or wealth within a society, demonstrating the degree of inequality.