What are the values of a and b?
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Answer:
We are given the correlation between height and weight for adults is 0.40.
We need to find the proportion of the variability in weight that can be explained by the relationship with height.
We know that coefficient of determination or R-square measures the proportion or percent of variability in dependent variable that can be explained by the relationship with independent variable. There the coefficient of determination is given below:
Therefore, the 0.16 or 16% of the variability in weight can be explained by the relationship with height
Apparently, the calculator at the link in your lesson is fully capable of giving you the necessary numbers. My own TI-84 work-alike gives me the account balances, but the rest of the numbers need to be figured.
In 30 years, there are 12×30 = 360 months, or 4×30 = 120 quarters. See the calculator results below. Your table can be filled in using the given information to find the contribution amount. The calculator gives the final balance. The interest amount is found by subtracting the contribution amount from the final balance.
