The accompanying data show the South African population versus expenditure on new construction works by the public sector. Data was obtained from Statistics South Africa for the period between 2014 to 2017. Year S.A. Population (per million) (x) Expenditure on new construction (per million) (y) 2014 44.12 17.38 2015 44.68 19.20 2016 45.25 20.25 2017 45.80 36.49 Σx= 179.85 Σy= 93.32 Σxy = 4212.2161 Σx2 = 8088.0793 Σy2 = 2412.2870 Using the information above,  determine which of the following statements are correct?    A.  slope=-442.832 which measures the change in Y per unit change in X.    B.  slope=10.3678, which measures the change in Y per unit change in X.    C.  slope=0.0694, which is a measure of the strength of the linear relationship    D.  slope=10.3462, which is a measure of the strength of the linear relationship

Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)
6th Edition
ISBN:9781337111348
Author:Bruce Crauder, Benny Evans, Alan Noell
Publisher:Bruce Crauder, Benny Evans, Alan Noell
Chapter5: A Survey Of Other Common Functions
Section5.3: Modeling Data With Power Functions
Problem 2E: Planetary Velocity The following table gives the mean velocity of planets in their orbits versus...
icon
Related questions
Question

The accompanying data show the South African population versus expenditure on new construction works by the public sector. Data was obtained from Statistics South Africa for the period between 2014 to 2017.

Year

S.A. Population

(per million)

(x)

Expenditure on new construction

(per million)

(y)

2014

44.12

17.38

2015

44.68

19.20

2016

45.25

20.25

2017

45.80

36.49

Σx= 179.85

Σy= 93.32

Σxy = 4212.2161

Σx= 8088.0793

Σy2 = 2412.2870

Using the information above,  determine which of the following statements are correct?

 
    •  A. 

slope=-442.832 which measures the change in Y per unit change in X.

    •  
    •  B. 

slope=10.3678, which measures the change in Y per unit change in X.

    •  
    •  C. 

slope=0.0694, which is a measure of the strength of the linear relationship

    •  
    •  D. 

slope=10.3462, which is a measure of the strength of the linear relationship

Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Similar questions
Recommended textbooks for you
Functions and Change: A Modeling Approach to Coll…
Functions and Change: A Modeling Approach to Coll…
Algebra
ISBN:
9781337111348
Author:
Bruce Crauder, Benny Evans, Alan Noell
Publisher:
Cengage Learning
College Algebra
College Algebra
Algebra
ISBN:
9781938168383
Author:
Jay Abramson
Publisher:
OpenStax
Linear Algebra: A Modern Introduction
Linear Algebra: A Modern Introduction
Algebra
ISBN:
9781285463247
Author:
David Poole
Publisher:
Cengage Learning
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
Calculus For The Life Sciences
Calculus For The Life Sciences
Calculus
ISBN:
9780321964038
Author:
GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:
Pearson Addison Wesley,
Algebra & Trigonometry with Analytic Geometry
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:
9781133382119
Author:
Swokowski
Publisher:
Cengage