Describe conditions under which the slope of the least-squares line will be equal to the correlation coefficient.

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Elementary Statistics

ISBN: 9781259969454

3rd Edition

Authors: William Navidi, Barry Monk

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Question Posted: May 03, 2024 04:01 AM

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Describe conditions under which the slope of the least-squares line will be equal to the correlation coefficient.

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The slope of the leastsquares line b1 and the correlation coefficient r are relatedbut they are not generally equalHoweverthere is a specific conditio...View the full answer

Elementary Statistics

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