9. The prediction equation for a sample of 100 people relating X = years of education and
Question:
9. The prediction equation for a sample of 100 people relating X = years of education and Y = annual income (in dollars; is = -6000 + 3000X, and the Pearson correlation equals .50.
a) Suppose instead that Y refers to annual income, in thousands of dollars. State the pre- diction equation and the correlation.
b) Suppose that Y is treated as the explanatory vanable and X is treated as the response variable. Will the correlation coefficient or the slope change in value? Explain
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Statistical Methods For The Social Sciences
ISBN: 9780135265260
3rd Edition
Authors: Alan Agresti, Barbara Finlay
Question Posted: