FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The difference between a point biserial coefficient and a normal Pearson correlation coefficient is that a point biserial correlation is based on two dichotomous variables.

The difference between a point biserial coefficient and a normal Pearson correlation coefficient is that a point biserial correlation is based on two dichotomous variables. a point biserial correlation is based on one dichotomous variable and one continuous variable. the kind of variable has nothing to do with the issue. a point biserial correlation is based on two continuous variables

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

Fundamentals Of Business Mathematics In Canada

Fundamentals Of Business Mathematics In Canada

Authors: F. Ernest Jerome, Jackie Shemko

3rd Edition

1259370151, 978-1259370151

More Books

Students also viewed these Mathematics questions

Question

Data set Theory Assume an informational record with one association parent including matches (a, b) where a can't try not to be a parent of b. (a) Write a Datalog demand which gives the graph of...

Answered: 1 week ago

Question

Calculate Pearson's correlation coefficient () between the variables Weight and Head in the babyanth.complete data frame using the following formula. Include the correlation value you calculated in a...

Answered: 1 week ago

Question

Conduct an internet search to find an organization that lists its mission and vision statement on its website. What do the mission and vision statements communicate? How might the organization use...

Answered: 1 week ago

Question

★★★★★
The following report was prepared for evaluating the performance of the plant manager of Miss-Take Inc. Evaluate and correct thisreport. Miss-Take Inc. Manufacturing Costs For the Quarter Ended March...

Answered: 1 week ago

Question

★★★★★
(a) If all of the atoms of the Earth were to collapse and simply become nuclei, what would be the Earth's new radius? (b) If all of the atoms of the Sun were to collapse and simply become nuclei,...

Answered: 1 week ago

Question

★★★★★
Amir Saber, manager of the Winter Park Hotel, is considering how to restructure the front desk to reach an optimum level of staff efficiency and guest service. At present, the hotel has five clerks...

Answered: 1 week ago

Question

★★★★★
We are interviewing quite a few people, why should we hire you?

Answered: 1 week ago

Question

★★★★★
Many types of transactions may affect stockholders equity. Requirement 1. Identify the effects of the following transactions on total stockholders equity. Each transaction is independent. (a) A 10%...

Answered: 1 week ago

Question

★★★★★
On December 1, Marzion Electronics Ltd, has three DVD players left in stock. All are identical, all are priced to sell at $201. One of the three DVD players left in stock, with serial #1012, was...

Answered: 1 week ago

Question

★★★★★
Marshall had $147,500 of income from wages and $1,800 of interest earned from investment accounts. Marshall also made contributions of $2,700 to a tax-deferred retirement account. What is Marshall's...

Answered: 1 week ago

Question

★★★★★
A local gym is looking in to purchasing more exercise equipment and runs a survey to find out the preference in exercise equipment amongst their members. They categorize the members based on how...

Answered: 1 week ago

Question

★★★★★
Interest on a credit card's unpaid balance is calculated using the average daily balance. Suppose that netBalance is the balance shown in the bill, payment is the payment made, d1 is the number of...

Answered: 1 week ago

Question

★★★★★
125. Suppose that people finally realize that they must save a larger proportion of their income in order to retire and that they simultaneously begin to use new technology that allows them to reduce...

Answered: 1 week ago

Question

★★★★★
Mandatory Border Operations meetings are conducted for all employees in the Border Protection Unit every Monday. Employees are not permitted to telework on days when Border Operations meetings are...

Answered: 1 week ago

Question

★★★★★
A small southern West Australian country town has maintained records showing that the daily maximumtemperature during summer (Dec.,Jan.,Feb.) has averaged 30 degree Celsius with a standard deviation...

Answered: 1 week ago

Question

★★★★★
Which of the following is generally TRUE about a firm's cost a) It is equal to the yield to maturity on the firm's bonds. b) It is greater than the cost of equity. c) It normally cannot be observed,...

Answered: 1 week ago

Question

★★★★★
Currently, there are five concepts of food stands, including: hot dogs, soft pretzels, turkey legs, sandwich wraps, and funnel cakes. This approach will double the existing number of food stands...

Answered: 1 week ago

Question

★★★★★
Interest rates on 4-year Treasury securities are currently 7 percent, while interest rates on 6- year Treasury securities are currently 7.5 percent. If the pure expectations theory is correct, what...

Answered: 1 week ago

Question

★★★★★
Due to a recession, the inflation rate expected for the coming year is only 3 percent. However, the inflation rate in Year 2 and thereafter is expected to be constant at some level above 3 percent....

Answered: 1 week ago

Question

★★★★★
What is an opportunity cost rate? How is this rate used in discounted cash flow analysis, and where is it shown on a time line? Is the opportunity rate a single number which is used in all situations?

Answered: 1 week ago

Previous Question Next Question