Question: As the value of r approaches 1, what does it indicate about the following? (a) The consistency in the X-Y pairs; (b) The variability of

As the value of r approaches ±1, what does it indicate about the following?
(a) The consistency in the X-Y pairs;
(b) The variability of the Y scores at each X;
(c) The closeness of Y scores to the regression line;
(d) The accuracy with which we can predict Y if X is known.

Step by Step Solution

3.42 Rating (180 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

a We have closer to one Y score consistentl... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Word file Icon

569-M-S-O-T-S-E (648).docx

120 KBs Word File

Students Have Also Explored These Related Statistics Questions!