When we have a straight-line relation between two variables, we use a Pearson correlation coefficient. What does
Question:
When we have a straight-line relation between two variables, we use a Pearson correlation coefficient. What does this coefficient describe?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 61% (13 reviews)
The Pearson correlation coefficient describes the ...View the full answer
Answered By
Carly Cimino
As a tutor, my focus is to help communicate and break down difficult concepts in a way that allows students greater accessibility and comprehension to their course material. I love helping others develop a sense of personal confidence and curiosity, and I'm looking forward to the chance to interact and work with you professionally and better your academic grades.
4.30+
12+ Reviews
21+ Question Solved
Related Book For
Essentials Of Statistics For The Behavioral Sciences
ISBN: 9781464107771
3rd Edition
Authors: Susan A. Nolan
Question Posted:
Students also viewed these Mathematics questions
-
A forester seeking information on basic tree dimensions obtains the following measurements of the diameters 4.5 feet above the ground and the heights of 12 sugar maple trees (courtesy of A. Ek). The...
-
(a) The correlation between number of married residents and number of unemployed residents in 2008 for the 50 states and Washington, DC, is 0.922. A scatter diagram of the data drawn in MINITAB is...
-
True or False The correlation coefficient is a measure of the strength of a linear relation between two variables and must lie between -1 and 1, inclusive.
-
W3 = 8 Oa. 0.707-j0.707 O b. 0.707+j0.707 O c. -0.707-j0.707 O d. -0.707+j0.707
-
Reven and Coddy play a game in which they each simultaneously present a single hand with one, two, or three fingers extended. Reven wins if the total number of fingers extended is even. Otherwise,...
-
The ore cinnabar (HgS) is an important source of mercury. Cinnabar is a red solid whose solubility in water is 5.5 10 27 mol L 1 . (a) Calculate its K sp . (b) What is its solubility in grams per...
-
3. For the period 19992004, using daily data, compute the following: a. An EWMA estimate, with b = 0.95, of IBMs volatility using all data. b. An EWMA estimate, with b = 0.95, of IBMs volatility, at...
-
Brandi just received her credit card bill, which has an outstanding balance equal to $3,310. After reviewing her financial position, Brandi has concluded that she cannot pay the outstanding balance...
-
is developing training for intoms on the audit of accounts receivable in the development of this training, should ensure the most important emphasis in the training be on the a partner 13 Muriple...
-
Historically, young French workers (under age 25) have had relatively high unemployment rates: 21 percent in 2005. In 2006, the French government proposed to allow employers to fire young employees...
-
Explain how the correlation coefficient can be used as a descriptive or an inferential statistic.
-
What magnitude of a correlation coefficient is large enough to be considered important, or worth talking about?
-
How do the glass-transition temperatures of polyethylene, polypropylene, and polymethyl methacrylate compare? Explain their differences, based on the structure of the monomer.
-
Question 4 25 p J Mart is considering purchasing a new inventory control system featuring state-of-the-art technology. Two vendors have submitted proposals to supply J Mart with the new system. The...
-
ME 2352 Design Optimization Assignment TWO, due February 6th, 2024, 4:00 pm University of New Brunswick Department of Mechanical Engineering 1. By use of definition of linear dependency determine if:...
-
IKEA's People and Planet Positive sustainability plan, launched in 2012, aims to contribute to a better life for people and a better future for the planet. The plan outlines several sustainable goals...
-
Question 4 [25 marks] A cantilever beam AB is fixed to a wall and is subjected to concentrated and distributed loads as shown in figure B1. a) Draw the free-body diagram of the problem. [5 marks] a)...
-
GMC is an Australian farm machinery manufacturer, operating since 1975. The company makes high-quality farm machinery and equipment including a range of slashers, mowers, aerators, mulchers and...
-
Identify where f is increasing and where f is decreasing. Consider the graph y = f(x). f(x) = 2x - x
-
In Exercises 105108, evaluate each expression without using a calculator. log(ln e)
-
Kendra joined a committee that she has no real interest in to make contacts. At a meeting, she makes a recommendation that is opposed by narcissist Kirkland, who is using a forcing style. Identify...
-
Usain is over budget for labor this month. The store is currently not busy, so he asks Erica, a part-time employee, to leave work early. Erica tells him she doesnt want to go because she needs the...
-
Kim says she thinks President Donald Trump is doing a good job. Coletta starts talking politics and how much she hates President Trump. Identify the political behavior in each situation as A....
-
thumbs up if correct A stock paying no dividends is priced at $154. Over the next 3-months you expect the stock torpeither be up 10% or down 10%. The risk-free rate is 1% per annum compounded...
-
Question 17 2 pts Activities between affiliated entities, such as a company and its management, must be disclosed in the financial statements of a corporation as O significant relationships O segment...
-
Marchetti Company, a U.S.-based importer of wines and spirits, placed an order with a French supplier for 1,000 cases of wine at a price of 200 euros per case. The total purchase price is 200,000...
Study smarter with the SolutionInn App