9.61. The slope of the least squares prediction equation and the correlation are similar in the sense
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9.61. The slope of the least squares prediction equation and the correlation are similar in the sense that
(a) They do not depend on the units.
(b) They both must fall between -1 and +1.
(c) They both have the same sign.
(d) They both equal 1 when there is the strongest association.
(e) Their squares both have proportional reduction in error interpretations.
(f) They have the same l statistic value for testing Hq: Independence.
(g) They both can be strongly affected by severe outliers.
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Related Book For
Statistical Methods For The Social Sciences
ISBN: 9781292021669
4th Edition
Authors: Barbara Finlay, Alan Agresti
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