Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Correlation
The correlation is commonly used and a useful statistic used to describe the degree of the relationships between two or more variables. Pearson's correlation reflects the degree of linear relationship between X variables which are independent and a Y variable which is independent and it ranges from positive 1 to negative 1 (+1 to -1). Below are statistics I have managed to gather which shows the relationship between the variables of wfood, totexp, income, age, nk.
The Null Hypothesis - H0: Correlation has risen by chance i.e. r = 0
The Alternative Hypothesis - H1: Correlation has not risen by chance i.e. r ≠ 0
*Exception: Reject H0 when P-value ≤ α = 0.05
Correlations: wfood, totexp, income, age, nk
wfood totexp income age
totexp -0.479 0.000
income -0.235 0.449
0.000 0.000
age 0.021 0.189 0.218
0.405 0.000 0.000
nk 0.102 0.071 0.025 0.008
0.000 0.005 0.322 0.753
Cell Contents: Pearson correlation
P-Value
Theories of Business forecasting
Assume that a simple random sample has been selected from a normally distribute population and test the given claim. Identify the null and alternative hypotheses, test statistic,
A.The coupon rate of Erie-Chicago Rail is 7%. The interest rate of Florida municipal bond with equal risk is 6%. At what tax rate the two bonds are as good as each other B.Supp
two application of statistics
Explain the characteristics of business forecasting.
history of north west corner method
WHAT YOU MEAN BY UTILITY OF MANAGERIALECONOMICS
Question: (a) (i) Define the term multicollinearity. (ii) Explain why it is important to guard against multicollinearity. (b) (i) Sometimes we encounter missing values
how do i determine the 40th percentile in an ogive graph
Find unlabeled data set test.txt and initial centroids data set centroids.txt in the archive, both files have the following format: [attribute1_value attribute2_value ...
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!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd