Linear correlation coefficient between two variable

Assignment Help Basic Statistics
Reference no: EM1394775

Bill calculates a linear correlation coefficient between two variable as 1.20. How would you interpret this?

A) There is a perfect positive linear relationship between the two variables

B) We need to know what the two variables are to be able to interpret Bill's findings

C) Bill's calculation is incorrect

D) There isn't a linear relationship between the two variables

E) There is a strong linear relationship between the two variables

Reference no: EM1394775

Questions Cloud

Assume the specific heat of pure water : What volume of 0.140 M Hydrochloric acid is required to neutralize 2.68g of Magnesium hydroxide.
Random and volunteer samples : Some television stations attempt to gauge public opinions by posing a question on the air and asking viewers to call to give their opinions.
What is the total force on the outside of the can : A buffer solution containing 0.25 M Acetic acid and 0.56 m Sodium acetate. After addition of 0.0060 mol HCL what is Ph of buffer.
Bootstrapping and double sampling : What is the difference between resampling (bootstrapping) and double sampling in research? Is there any difference or is the same? Please explain your response?
Linear correlation coefficient between two variable : Bill calculates a linear correlation coefficient between two variable as 1.20. How would you interpret this?
Concepts of a population : Consider in you response how the concepts of a population (and its associated parameters) and the sample (and its associated estimates) fits into the discussion.
Posting to trading accounts : Borrowed $3,940 from a local bank on a note due in six months. Received $4,630 cash from investors and issued stock to them. Purchased $920 in equipment, paying $190 cash and promising the rest on a note due in one year.
Explain why tourism has become another form of religion : Tresidder makes provocative statement "in contemporary society tourism has become another form of religion, a means by which to explain our own existence" Do you agree or disagree?
Different win-loss patterns for seven possible games : Suppose the world series is about to begin. Some people get together and each decide to predict different win-loss patterns for the seven possible games during the coming series.

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