Type of correlation, Basic Statistics

Assignment Help:

The correlation coefficient can take values from -1 to 1. If the correlation coefficient lies in the range (-1,0) then we say that the correlation is negative, on the other hand if the correlation coefficient lies between (0,1) then the correlation is said to be positive.

a) What the correlation means in words. (For example, in a positive correlation we could say "As ____ increases, _____ increases.")

If on increase of one variable, another variable also increases, then we say that there is positive correlation between those two variables, on the other hand if increasing one variable results in decrease in second variable, then we say that the negative correlation exists.

b) The general interpretation of the correlation coefficient, i.e., whether it is a very strong relationship, a moderate relationship, a weak relationship, etc.

If the correlation coefficient is near 1 or -1 then we say that there is strong positive or negative correlation respectively.

If the correlation coefficient  is between 0.4 to 0.7 then we say that it is moderate relationship.

If the correlation coefficient is less than 0.4, then we say that the correlation is weak.

c) The correlation between grades in basic math and advanced math classes at a small liberal arts college where r = +.78.

Here we are given that the correlation is r = + 0.78, means there is high positive correlation between the considered variables.

d) The correlation between reading ability and social science grades in a middle school where r = +.52.

Here we are given that the correlation is r = + 0.52, means there is there is moderate relationship between the considered variables.

e) The correlation between test anxiety scores and grade on an achievement test where r = -.42.

There is negative correlation between test anxiety scores and grade on an achievement test.

f) The correlation between math aptitude scores and musical aptitude scores in second graders where r = +.28.

There is weak positive correlation between the between math aptitude scores and musical aptitude scores in second graders.

g) The correlation between the number of books read over a year and the scores on a popular video game where r = -.38.

There is weak negative correlation between the number of books read over a year and the scores on a popular video game.


Related Discussions:- Type of correlation

International financial reporting standards-ifrs, IFRS: IFRS (Internationa...

IFRS: IFRS (International Financial Reporting Standards) is a set of accounting standards that were developed as global standard. The IFRS was developed by IASB (International Acc

Find out price, A pharmaceutical company is a monopoly in Alzheimer's disea...

A pharmaceutical company is a monopoly in Alzheimer's disease drugs and faces the following inverse demand curve: , where α is the level of advertising. Its marginal production

Hedging , how to record a new hedging in your books

how to record a new hedging in your books

Determine the probability - probability example, 1. This question has multi...

1. This question has multiple parts. For a distribution of scores with = 82 and standard deviation = 2.5, find the following: (Don't forget to sketch the normal curve to help

Direct costing and absorption costing, why is net profit always greater in ...

why is net profit always greater in absorption costing than in direct costing?

Variation Coefficient, Variation Coefficient The standard deviation discus...

Variation Coefficient The standard deviation discussed above is an absolute measure of dispersion. The corresponding relative measure is known as the coefficient of variation. Thi

Standard deviation of the sample - normal distribution, Imagine that a samp...

Imagine that a sample of 400 rental units shows that (i) the distribution of rents paid per month is not described by a normal distribution, (ii) that the mean rent of the sampl

Describe time cost of working alters of budget constraint, Suppose that an ...

Suppose that an individual has unearned income of $V and can choose how many hours she works per week at a wage of $w per hour.  Assume that she has a total of 110 hours of time to

What is the point estimate of the proportion, According to Thomson Financia...

According to Thomson Financial, through January 25, 2006, the majority of companies reporting profits had beaten estimates (BusinessWeek, February 6, 2006). A sample of 162 compani

Write Your Message!

Captcha
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