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The Data in the Table Below Can Be Used to Explore

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The data in the table below can be used to explore the association between the rate of television ownership and per capita gross domestic product for several countries.  TVs per 1000 per capita  GDP (USD)  Algeria 1055500 Australia 55423,200 China 3213,600 Dominican  Republic 955,700 Hungary 43511,200 Italy 52822,100 Russia 4107,700 Syria 703,100 United States 80636,200\begin{array} { | l | c | c | } \hline & \text { TVs per } 1000 & \begin{array} { c } \text { per capita } \\\text { GDP (USD) }\end{array} \\\hline \text { Algeria } & 105 & 5500 \\\hline \text { Australia } & 554 & 23,200 \\\hline \text { China } & 321 & 3,600 \\\hline \text { Dominican } & & \\\text { Republic } & 95 & 5,700 \\\hline \text { Hungary } & 435 & 11,200 \\\hline \text { Italy } & 528 & 22,100 \\\hline \text { Russia } & 410 & 7,700 \\\hline \text { Syria } & 70 & 3,100 \\\hline \text { United States } & 806 & 36,200 \\\hline\end{array} a)Make a scatterplot showing the trend in television ownership versus per capita GDP.Describe what you see.  The data in the table below can be used to explore the association between the rate of television ownership and per capita gross domestic product for several countries.  \begin{array} { | l | c | c | }  \hline & \text { TVs per } 1000 & \begin{array} { c }  \text { per capita } \\ \text { GDP (USD) } \end{array} \\ \hline \text { Algeria } & 105 & 5500 \\ \hline \text { Australia } & 554 & 23,200 \\ \hline \text { China } & 321 & 3,600 \\ \hline \text { Dominican } & & \\ \text { Republic } & 95 & 5,700 \\ \hline \text { Hungary } & 435 & 11,200 \\ \hline \text { Italy } & 528 & 22,100 \\ \hline \text { Russia } & 410 & 7,700 \\ \hline \text { Syria } & 70 & 3,100 \\ \hline \text { United States } & 806 & 36,200 \\ \hline \end{array}  a)Make a scatterplot showing the trend in television ownership versus per capita GDP.Describe what you see.   b)Determine the correlation and comment on its significance. c)Find the equation of the line of regression.Interpret the slope of the equation. d)Use your model to predict the rate of TV ownership for India,which has a per capita GDP of $2,200.How much confidence do you have in this prediction? Explain. e)Discuss the impact that the U.S.A.data exerts on the model. b)Determine the correlation and comment on its significance.
c)Find the equation of the line of regression.Interpret the slope of the equation.
d)Use your model to predict the rate of TV ownership for India,which has a per capita GDP of $2,200.How much confidence do you have in this prediction? Explain.
e)Discuss the impact that the U.S.A.data exerts on the model.


Definitions:

Legal Maximum

The highest limit set by law for rates, prices, or fees. In various contexts, it may cap interest rates, rent increases, or other charges.

Procedural Unconscionability

Unconscionability that derives from the process of making a contract.

Excessive Legalese

The use of overly complex and technical legal language that can be confusing and hard to understand for non-experts.

Blue Laws

Laws that restrict or ban certain activities on Sundays, historically to encourage observance of the Sabbath.

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