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STAT 200 Week 7 Homework Problems 10. 2 Table # 10. 6 contains the value of the house and the amount of rental income in a year that the house brings...
Need help with the first two questions please. Having a hard time understanding.
STAT 200 Week 7 Homework Problems10. 1 . 2Table # 10. 1 . 6 contains the value of the house and the amount ofrental income in a year that the house brings in ( " Capital andrental , " 2013 ) . Create a scatter plot and find a regressionequation between house value and rental income . Then use theregression equation to find the rental income a house worth$230, 000 and for a house worth $400, 000 . Which rental incomethat you calculated do you think is closer to the true rentalincome ? Why ?Table # 10. 1. 6: Data of House Value versus RentalValue Rental Value Rental\ Value Rentall Value Rental81000 665677000 4576| 750.00 7280| {67500 6864950,00 7904| 940.00 8736| 90,000 6240| 850.00 7072121000 12064| 1 150.00 7904|110000 7072\104000 79041350,00 8320| 130,000 9776| 126000 6240| 125000 7904145000 8320| 1400.00 9568|140.000 9152| 135000 74881650.00 13.312| 1650.00 8528|1550.00 7488| 148000 83201780.00 1 1856\1740,00 10400| 170,000 9568\170,000 1268820,0000 12272| 200000 10608| 1940,00 1 1232| 190.000 8320214000 8528\ 2080,00 10400| 200000 10400| 200000 8320240.000 10192\ 240,000 12064\240.000 1 1648\ 2250,00 124802890.00 1 1648\2700,00 12896\ 262000 10192\ 24 4500 1 12323250.00 12480|310000 12480|303.000 12272\300.000 1248010. 1 . 4The World Bank collected data on the percentage of GDP that acountry spends on health expenditures ( " Health expenditure , "2013 ) and also the percentage of women receiving prenatal care(" Pregnant woman receiving , " 2013 ) . The data for the countrieswhere this information are available for the year 201 1 is in table# 10. 1. 8. Create a scatter plot of the data and find a regressionequation between percentage spent on health expenditure andthe percentage of women receiving prenatal care . Then use the*regression equation to find the percent of women receiving*prenatal care for a country that spends 5. 0% of GDP on healthexpenditure and for a country that spends 12. 0% of GDP .Which prenatal care percentage that you calculated do you thinkis closer to the true percentage ? Why ?!Table # 10. 1. 8: Data of Health Expenditure versusPrenatal CareHealthPrenatalExpenditure*Care (`/0 )( % of GDP )9.647. 93. 754.65.293. 75 .284 .710.0100.04 . 742.54.896. 46.077. 15.458.34.895.44 .178.06.093.39.593. 36.893 . 76 .189.810. 2. 2Table $ 10. 1. 6 contains the value of the house and the amount ofrental income in a year that the house brings in ( " Capital andrental , " 2013 ) . Find the correlation coefficient and coefficient of*determination and then interpret both .Table # 10. 1. 6 : Data of House Value versus RentalValue Rental\ Value Rentall!`1576\