Question
Please answer the following question using the given output: Background: The admission committee of an MBA program at a Canadian university is considering using a
Please answer the following question using the given output:
Background:
The admission committee of an MBA program at a Canadian university is considering using a psychometric test of self-esteem (SE) in addition to the IQ test they administer to MBA applicants to help in their selection process. They want to assess the influence of self-esteem on candidate bachelor's GPA above and beyond IQ and sex. There is a random sample of 77 GPA records of MBA applicants with the corresponding IQ, SE. You are given the correlation matrix and Correlogram for the data.
Question:
Comment on the correlation and linear relationship between GPA and each of the continuous explanatory variables.
Output:
Correlation Matrix:
GPA | IQ | |
---|---|---|
IQ | 0.66429327 ( | |
se | 0.57066509 ( | 0.49224443 ( |
Correlogram:
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started