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What type of correlation coefficient would you use to examine the relationship between the following variables? Explain why you have selected the correlation coefficients.
A. Reading ability (converted to ordinal rank in class) and number of friends in class (converted to ordinal rank).
B. Political party (Democrat or Republican) and rank in high school graduating class.
C. IQ score and subjective well-being score.
D. Gender (male or female) and score on a test of musical-ability.
Complete the multiple regression model using Y and your combined X variables. State the equation. Next, make sure that you evaluate overall model performance with the Anova table
Explain the characteristics of business forecasting.
If the data set contains an odd number of items, the middle item of the array is the median. If there is an even number of items, the median is the average of the two items. If the
what are the characteristics of research tool?
Classification of Universe The universe may be classified either on the basis of number of units and on the basis of existence of units as is clear from the following chart :
Let X, Y, and Z refer to the three random variables. It is known that Var(X) = 4, Var(Y) = 9, and Var(Z) = 16. It is further known that E(X) = 1, E(Y) = 2, and E(Z) = 4. Furthermor
Consider a Cournot duopoly with two firms (fi rm 1 and fi rm 2) operating in a market with linear inverse Demand P(Q) = x Q where Q is the sum of the quantities produced by both
real time applications on graphical representation of o-give curves
Ask questiovdgngddndgdngngngngn #Minimum 100 words accepted#
The cornlnunalities h j represent the fraction of the total variance' 'accounted for of variabie j. Ry calculating the communalities we can keep track of how much of-the orig
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