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a. Confirm the intercept, slop

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1. The following table shows data on new motor vehicle sales and the real disposable income per person in Canada between 1981 and 2001.

     
     
     
Year New mote Vehicle sales (Units) Real personal disposable income per person (1992$)
1981 1190882 16368
1982 920902 16107
1983 1081088 15765
1984 1283502 16252
1985 1530410 16710
1986 1515920 16747
1987 1533637 16856
1988 1565501

17443
1989 1483875

17875
1990 1317869

17756
1991 1287790

17164
1992 1227419

17096
1993 1192934

17016
1994 1260056

17000
1995 1166535

17047
1996 1204557

16861
1997 1424380

16994
1998 1428932

17334
1999 1542041

17735
2000 1587561

18068
2001 1597949

18185

 

a. Confirm the intercept, slope and correlation coefficient by computing them.

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