Advantages of using correlation coefficient

Assignment Help Basic Statistics
Reference no: EM1315386

University admission officers believe that scores on the Scholastic Aptitude Test (SAT) are strongly related to academic performance. In other words, high school students who have higher SAT scores will have higher grade point averages in college. For years, officers have been using SAT scores to place college students in certain classes their freshmen year. Now the Admission Director wants to know if this policy is effective. You random sample 200 college sophomores and compare their SAT scores to their grade point average for their freshmen year. You calculate a Pearson's r for correlations and receive a value of .354 between the two variables. You also calculate the significance of your findings (using a computer) and receive a significance value of .015.

What advantage does correlation have over a cross-tab?

Reference no: EM1315386

Questions Cloud

Describe decision making as to keep the stock : Describe Decision making as to keep the stock or sell the given stock and The news of the competitor's discovery has not been made public
Designing program : Write down a Program that lets the user enter an amount as a float value representing a total in the dollars and cents.
Is energy efficiency the same as economic efficiency : Is energy efficiency the same as economic efficiency? Explain. Under what circumstances would the energy-efficiency automobile described her be economic efficient?
Aggregate demand component investment : Me Lisa purchases shares in government bond mutual fund .is this included in the aggregate demand component investment.
Advantages of using correlation coefficient : What advantage does correlation have over a cross-tab?
Determination software issues : At.05 significance level is it reasonable to conclude that it takes longer to determination software issues? Determine the p-value?
Publisher also the analyst making about price elasticity : Illustrate what implicit assumptions is the publisher also the analyst making about price elasticity.
Finding regression equation : If wages were increased by $1.00, what is the expected effect on the number of complaints received per employee? How can you tell?
Computation of various financial ratios : Computation of various financial ratios from the given information and obtained from the accounting records of Hamberg Company at the end of its fiscal year

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd