Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1. Generate scatterplot which has a correlation of about -0.80 (give or take (pm 0.02)). Have this be the correlation displayed in the upper right.

image text in transcribed
1. Generate scatterplot which has a correlation of about -0.80 (give or take \\(\\pm 0.02\\)). Have this be the correlation displayed in the upper right. Once this has been done, click the Export button right above the plot, then Save as Image. Name this file hw3q5a (the default extension of .png is fine). Save this into your BAS 320 folder, then remove the in the line below so that the image is included in the writeup. 2. Generate a scatterplot which has a stream of points with an extreme outlier. Without the outlier (red dot), the stream should have a correlation of around \\(|r| = 0.7\\) (give or take \\(\\pm 0.05\\)) and with the outlier (red dot) the stream should have a correlation near 0 (\\(\\pm 0.10\\)). Save this plot in the same manner you did above and include it. 3. Generate a scatterplot which has a stream of points with an extreme outlier. Without the outlier (red dot), the stream should have a correlation of \\(r=0\\) (\\(\\pm 0.20\\)) and with the outlier (red dot) the stream should have a correlation near 1 (at least 0.8). Save this plot in the same manner you did above and include it

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Precalculus, Enhanced WebAssign Edition

Authors: James Stewart

6th Edition

1285499948, 9781285499949

More Books

Students also viewed these Mathematics questions

Question

2. What types of information are we collecting?

Answered: 1 week ago

Question

5. How quickly can we manage to collect the information?

Answered: 1 week ago

Question

3. Tactical/strategic information.

Answered: 1 week ago