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Computing Assignment Regression Basics

   

Added on  2020-04-01

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COMPUTING ASSIGNMENTParas BhandariStudent Number: 11600712Allocated Sample: 1481
Computing Assignment Regression Basics_1
SECTION 1 Relevant data a)Scatter plot Comment: Considering the positive slope of the best fit line with not much deviation of points, itwould be fair to conclude that there appears to be a moderate to strong position associationbetween the variables of interest.2
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b)Computation of annual contributionThus, for the income $20,000 the annual contribution is $24,686.2. c)Computation of z score d)Computation of P (Z<Z score) P(Z<−1.1018)=0.13533
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e)Computation of estimated rank 4
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