I used another one of the Unique Groups—strong Republicans who have twice voted for Obama—and ran a sample regression equation using the economic peril index as my dependent variable and family income as my independent variable. Here are some results: Standard Deviation of the Dependent Variable: 5.10 Standard Deviation of the Independent Variable: 92.06 Value for r 2 : 0.52 Number of cases: 10 Value of slope: –0.04 Determine if this slope is statistically significant (hint: because your standard error will be very small, keep three decimal places). Explain your results.
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