For the Following Data (A) Draw a Scatter Plot $$\begin{array} { c | c c c c c c c } x & 4 & 1 & 3 & 2 & 5 & 7 & 6 \\\hline y & 14 & 6 & 9 & 9 & 17 & 20 & 16\end{array}$$

question 95

Essay

For the following data (a) Draw a scatter plot. (b) Find the value for r. (c) Test the significance of r at the 5% level and at the 1% level. (d) If r is significant, find the regression line and draw the line on the scatter plot. (e) Describe the nature of the relationship if one exists. (f) Predict y when x = 20. $$\begin{array} { c | c c c c c c c } x & 4 & 1 & 3 & 2 & 5 & 7 & 6 \\\hline y & 14 & 6 & 9 & 9 & 17 & 20 & 16\end{array}$$

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Definitions:

Marginal Social Cost

The total cost to society of producing one additional unit of a good or service, considering both private costs and externalities.

Coal Mine Pollution

Environmental damage caused by the extraction and processing of coal, including air and water pollution.

Coal Mine Pollution

Environmental contamination resulting from the extraction and processing of coal.

Sulfur Dioxide Emissions

Pollutants released into the atmosphere, primarily from burning fossil fuels, that can lead to acid rain and harm to human health.