How the relationship between two variables x and y exists

Assignment Help Basic Statistics
Reference no: EM13914841

Correlation is a statistical measure (expressed as a number) that describes the size and direction of a relationship between two or more variables. For example, the number of crimes (per capita) is related to the number of police officers in a given area. When more police officers are on patrol, crime tends to be lower and, when fewer police officers are present, the crime rate usually increases. Consequently, the number of police officers and the crime rate have a strong negative correlation.

A correlation between variables, however, does not automatically mean that the change in one variable is the cause of the change in the values of the other variable. Correlation as a statistic cannot explain why or how the relationship between two variables, x and y, exists; only that it does exist.

Causationgoes a step further than correlation by indicating that one event is the result of the occurrence of the other event; i.e. there is a causal relationship between the two events. That is, a change in the value of the x variable will cause a change in the value of the y variable.

Reference no: EM13914841

Questions Cloud

Show that an efficient standard would lower tsc : Show that an efficient standard would lower TSC and increase total net benefits.
How important has government assistance been to md : How important has government assistance been to MD International?
Describe the concept of regional economic integration : Describe the concept of regional economic integration
Estimate the sample size : If you do a quantitative study (SCHOOL ADVISORY PROGRAM) for your dissertation, you must estimate the sample size you will need in order to have a reasonable chance of finding a relationship among the variables stated in your research hypotheses (..
How the relationship between two variables x and y exists : A correlation between variables, however, does not automatically mean that the change in one variable is the cause of the change in the values of the other variable. Correlation as a statistic cannot explain why or how the relationship between two..
The normal rate return on large company stocks consists : The normal rate return on large company stocks consists of a:
Determine water pricing structure that is used in hometown : Suppose instead that officials set the price of water to reflect the true marginal social costs of production. Show that such an approach promotes water conservation by determining the equilibrium quantity, and find the price that must be set to..
Compare and contrast internal and external validity : Compare and contrast internal and external validity. Describe and give examples of research questions for which external validity is a primary concern. Describe and give examples of research questions in which internal validity is a primary concer..
The following events apply to goodman company : The following events apply to Goodman Company for 2013, its first year of operation:

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