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Answer the following questions. Refer to the table below. 2 Consider the following data on the variables X and Y. Y 0.6 0.2 0.2 0.2

Answer the following questions. Refer to the table below.

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2 Consider the following data on the variables X and Y. Y 0.6 0.2 0.2 0.2 0.1 0.1 0.1 0.05 0.05 0.05 X 2.01 2.0 2.0 2.0 2.0 2.0 2.0 2.0 2.0 2.0 (a) Do you use this X to predict Y? (b) Can you guess the value of the correlation coefficient between X and Y? is) Now compute the correlation coefficient. Are you surprised? (d) What happens to the correlation coefficient if 0.6 for Y is changed to 2.0 keepingthe rest of the data unchanged? What can you conclude from this? is] What happens to the correlation coefficient if you change the value 2.01 for Xto 50.0? How do you justify the

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