Is it possible that a sample correlation of 0.51 between two variables will not indicate that the
Question:
Is it possible that a sample correlation of 0.51 between two variables will not indicate that the two variables are really correlated, while a sample correlation of 0.04 between another pair of variables will be statistically significant? Explain.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 60% (5 reviews)
Yes For example suppose n 5 and r 5...View the full answer
Answered By
Gaurav Soni
Teaching was always an area where I can pursue my passion. I used to teach my friends and junior during my school and college life. After completing my professional qualification (chartered accountancy) and before joining my job, I also joined an organization for teaching and guidance to my juniors. I had also written some articles during my internship which later got published. apart from that, I have also given some presentations on certain amendments/complex issues in various forms.
Linkedin profile link:
https://www.linkedin.com/in/gaurav-soni-38067110a
5.00+
7+ Reviews
13+ Question Solved
Related Book For
Complete Business Statistics
ISBN: 9780077239695
7th Edition
Authors: Amir Aczel, Jayavel Sounderpandian
Question Posted:
Students also viewed these Statistics questions
-
Is it possible that a firms production function exhibits increasing returns to scale while exhibiting diminishing marginal productivity of each of its inputs? To answer this question, calculate the...
-
Is it possible that a regulation like the minimum wage, which is specifically designed to help low-income people, could actually reduce their income? If so, under what supply and demand conditions...
-
Is it possible that even though men make more than women in a particular industry, there could be gender discrimination against men in that industry? If no, explain why not. If yes, explain why and...
-
Find the quantity if v = 3i - 5j and w = -2i + 3j. |v | + |w|
-
Under Neyman allocation, discussed in Section 3.4.2, the optimal sample size in stratum h is a. Show that the variance ofËtstr if Neyman allocation is used is b. We showed in Section 3.4.1 that...
-
The general ledger of Pipers Plumbing at January 1, 2021, includes the following account balances: The following is a summary of the transactions for the year:1. January 24 Provide plumbing services...
-
This exercise considers nursing home data provided by the Wisconsin Department of Health and Family Services (DHFS) and described in Exercises 1.2 and 2.10. You decide to examine the relationship...
-
Select the best answer. 1. What basis of accounting do enterprise and internal service funds use? 2. Which of the following is not a GASB-required statement for proprietary funds? a. Statement of net...
-
Faith Busby and Jeremy Beatty started the B&B partnership on January 1, Year 1. The business acquired $89,700 cash from Busby and $140,300 from Beatty. During Year 1, the partnership earned $60,800...
-
On December 1, Jasmin Ernst organized Ernst Consulting. On December 3, the owner contributed $84,000 in assets in exchange for its common stock to launch the business. On December 31, the companys...
-
What are the assumptions of the simple linear regression model?
-
The following data are indexed prices of gold and copper over a 10-year period. Assume that the indexed values constitute a random sample from the population of possible values. Test for the...
-
Finance costs and tax paid are shown as deductions in a statement of changes in equity. True/False?
-
In the device shown in the Fig. 8.15 the bumper of mass \(M=26.2 \mathrm{~g}\) is subject, in addition to the action of the spring of spring constant \(k=3.40 \mathrm{~N} / \mathrm{m}\), also to a...
-
Consider the system shown in Fig. 6.8.. The spring has spring constant \(k=500\) \(\mathrm{N} / \mathrm{m}\) and rest length \(L_{0}=25.0 \mathrm{~cm}\). Initially a mass \(m=300 \mathrm{~g}\)...
-
A material point of mass \(m=500 \mathrm{~g}\) is suspended from a fixed point \(\mathrm{O}\) by an inextensible wire of length \(L=50 \mathrm{~cm}\). The material point, initially in an equilibrium...
-
An industrial electromechanical device (Fig. 6.9) is used to stop small objects in motion that have become negatively charged by electrostatic friction during production. The motion of such objects...
-
An object of negligible size slides on a horizontal plane and its initial speed is \(v_{0}=4 \mathrm{~m} / \mathrm{s}\). The surface of the plane has increasing roughness and the corresponding...
-
A client develops left-sided HF after an MI. Which would the nurse expect to find during the client assessment? a. Orthopnea b. Polyuria c. Tachypnea d. Dyspnea e. Blood-tinged sputum f. Swollen...
-
The Adjusted Trial Balance columns of a 10-column work sheet for Webber Co. follow. Complete the work sheet by extending the account balances into the appropriate financial statement columns and by...
-
Exhibit 2.60 shows some data on the number of defects observed during different shifts at a manufacturing plant. Create an appropriate graph to summarize these data, and comment. In exhibit Items...
-
A financial services company conducted a survey of a random sample of its customers. One of the items on the survey was as follows:"The staff at my local branch can provide me with good advice on my...
-
In MyStatLab there is a file containing data on favourite flavours of ice cream for a random sample of people walking around Kempenfelt Bay one summer evening. The data are coded as follows: (1)...
-
Jenny wishes to accumulate $10000 over 5 years for an overseas trip. She will make a deposit every 6-months, and the funds will earn the interest rate of 4% per annum compounded semi-annually. How...
-
Write a short C++ program that will prompt the user and input three integer values (month, day, year) from the console in a "date" format that includes '/' separator characters. e.g., 8/21/2013. Your...
-
Aimee is the owner of a stock with annual returns of 12.3 percent, -5.0 percent, 6.6 percent, and 18.2 percent for the past four years. She thinks the stock may achieve a return of 27 percent this...
Study smarter with the SolutionInn App