(Solved): Answer Part 4 only Government funding: The following table presents the budget (in millions of do ...

Answer Part 4 only

Government funding: The following table presents the budget (in millions of dollars) for selected organizations that received U.S. government funding for arts and culture in both 2006 and 2012 . Use the TI-84 Plus calculator to answer the following. Part 1 of 4 (a) Construct a scatterplot of the funding in \( 2012(y) \) versus the funding in \( 2006(x) \). (b) Compute the correlation coefficient between the funding in 2006 and the funding in 2012 . Round the answer to at least three decimal places. The correlation coefficient is \( \gamma= \) Part 3 of 4 (c) For an organization whose funding in 2006 was above the average, would you expect their funding in 2012 to be above or below average? Explain. I would expect the funding in 2012 to be average since \( r \) is Part: 3 / 4 Part 4 of 4 (d) Which of the following is the best interpretation of the correlation coefficient? If we increase the funding for an organization in 2006, this will cause the funding in 2012 to increase. If we increase the funding for an organization in 2012, this will cause the funding in 2006 to increase. Some organizations get more funding than others, and those that are more highly funded in 2006 were generally more highly funded in 2012 as well.