Consider a sample least squares regression analysis between a dependent variable (Y) and an independent variable (X).
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Consider a sample least squares regression analysis between a dependent variable (Y) and an independent variable (X).
A sample correlation coefficient of −1 (minus one) tells us that
a. there is no relationship between Y and X in the sample
b. there is no relationship between Y and X in the population
c. there is a perfect negative relationship between Y and X in the population
d. there is a perfect negative relationship between Y and X in the sample.
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Related Book For
Introductory Business Statistics
ISBN: 202318
1st Edition
Authors: Alexander Holmes , Barbara Illowsky , Susan Dean
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