The second factor is the independent variable being evaluated. The coefficient for determination of the population of the area is 46%. This correlation indicates that there is a high correlation between time and population. However, the correlation is this case is negative, as can be seen in the chart below.
The correlation coefficient for the overall amount spent on building and development of the community is 15%. The correlation between time and amount spent is not very close. In fact, the development appears to be highly sporadic at best. Below is a chart that represents the obtained data.
Considering the two overall factors, and the forecasting done, the population will continue to decline, as will the money spent in the community. This community...
Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.
Get Started Now