Finding and interpreting coefficients of correlation

Reference no: EM1318268

Q1) For each of ten popular prescription drugs, lists retail price (in U. S. dollars) for drug in many different countries, including United States, Canada, Great Britain, and Australia. Find out and interpret coefficients of correlation and determination for U. S. prices versus Canadian prices

Drug	US Price	Canada Price	Great Britain Price	Australia Price
Prilosec	3.31	1.47	1.67	1.29
Prozac	2.27	1.07	1.08	0.82
Lipitor	2.54	1.34	1.67	1.32
Prevacid	3.13	1.34	0.82	0.83
Epogen	23.4	21.44	27.48	29.24
Zocor	3.16	1.47	1.73	1.75
Zoloft	1.98	1.07	0.95	0.84
Zyprexa	5.27	3.39	2.86	2.63
Claritin	1.96	1.11	0.41	0.48
Paxil	2.22	1.13	1.7	0.82

Reference no: EM1318268

Questions Cloud

Proportion of variability described by regression equation : What proportion of the variability in steel shipments for motor vehicles is described by regression equation?

Consider a binomial distribution with 15 identical trials : Consider a binomial distribution with 15 identical trials, and a probability of success of 0.5. Use the normal approximation to find the probability that x = 2.

Strategic landscape for organization : Analyze the strategic landscape for your own organization or one with which you are familiar. What are the critical changes that it will face in the near future?

Difference between tcp and udp : List the primary differences between the TCP and UDP. Would you recommend UDP or TCP for the voice over IP phone call? Justify your choice.

Finding and interpreting coefficients of correlation : Find out and interpret coefficients of correlation and determination for U. S. prices versus Canadian prices.

Find the constants in the model : Find the constants in the model.

Determine the center and radius of the circle equation : Find the equation of the perpendicular bisector of the line drawn between two points and determine the center and radius of the circle equation.

Dimensions in new team environment : Describe your position based on the dimensions in the New Team Environment table for the environment that applies to you.

Recognizing the malicious activity : What do you think is the most effective method to explain if an attack has been made on the computer network include what malicious activities.

User Account

All Pages