Consider the following set of data: x 48 27 34 24 49 29 39 38 46 32
Question:
Consider the following set of data:
x 48 27 34 24 49 29 39 38 46 32 y 47 23 31 20 50 48 47 47 42 47
a. Calculate the correlation coefficient of these two variables.
b. Multiply each value of the variable x by 5 and add 10 to the resulting products. Now multiply each value of the variable y by 3 and subtract 7 from the resulting products. Finally, calculate the correlation coefficient of the new x and y variables.
c. Describe the principle that the example developed in parts a and b demonstrates.
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Related Book For
Business Statistics
ISBN: 9781292220383
10th Global Edition
Authors: David Groebner, Patrick Shannon, Phillip Fry
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