Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

P liere to enter text. BUACC5931 Exam 2022 Sem 1Questions 5) Before calculating the Pearson correlation, a scatterplot can be created to check (blank). Answer:

image text in transcribedimage text in transcribed
image text in transcribedimage text in transcribed
P liere to enter text. BUACC5931 Exam 2022 Sem 1Questions 5) Before calculating the Pearson correlation, a scatterplot can be created to check (blank). Answer: Click or tap here to enter text. O WE EC hp F11 $12 10 DDI 16 f7 8 144 f5 + & O 6 7 8Question B7 Pearson's correlation is used to analyse the relationship between company sales and company profit. Table 5 represents Pearson's correlation output. Table 5 Pearson correlation between the two variables Sales Profit Sales Pearson Correlation 1 45 Sig. (2-tailed) 02 N 30 30 1) What is the correlation coefficient between the two variables? Answer: Click or tap here to enter text. 2) At the alpha level of 0.05, is there a linear relationship between sales and profit? Give your reason. Answer: Click or tap here to enter text. 3) If there is a linear relationship, what is the direction of the relationship? Give your reason. Answer: Click or tap here to enter text. 4) If the alpha level is set at 0.01, is there a linear relationship between the two variables? Answer: Click or tap here to enter text. Page 8 of 13 14C O 11 144 10 prt sc DDI 112 8 16 0 + + % & 6 7 8 O 5

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

Elementary Statistics

Authors: Mario F. Triola

12th Edition

0321836960, 978-0321836960

Students also viewed these Mathematics questions