Explain how to interpret the absolute value of a correlation coefficient.
Question:
Explain how to interpret the absolute value of a correlation coefficient.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 80% (10 reviews)
The absolute value of the correlation coefficient gives us the relationship strength The larger ...View the full answer
Answered By
Hardik Dudhat
I am semi-qualified Chemical Engineering ,I have scored centum in accounting in my senior secondary and in my graduation. I have always helped my fellow students with their concerns on the subject, i have tutored on various tutoring sites in the past and also have taken home tuitions for degree and MBA students. As a tutor, I don't want my students to just get a solution, I want them to understand the concept and never have a doubt in that area thereon and i believe in excelling and not in educating.
0.00
0 Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Mathematics questions
-
Explain how to interpret the test statistic T.
-
Explain how to interpret the test statistic U. Discuss.
-
Explain how to interpret the test statistic H.
-
In Exercises 8182, graph each linear function. 3x - 4f(x) - 6 = 0
-
Should you generate electricity with your own personal wind turbine? That depends on whether you have enough wind on your site. To produce enough energy, your site should have an annual average wind...
-
Suppose a decision maker faced with four decision alternatives and four states of nature develops the profit-payoff table shown as follows: a. If the decision maker knows nothing about the chances or...
-
Woolford Marketing, an Internet marketing organization, estimates that by the year 2000, no fewer than 500 million subscribers will access Internet browser services to purchase goods and services...
-
The XYZ Company produces two products. The total profit achieved from these products is described by the following equation: Every 1,000 units of X1 requires one hour of time in the shipping...
-
1) Why is it important to practice Ethical PR and use techniques in making decisions in dilemmatic situations? As Wright quotes: "Central to the importance of ethics in public relations is the fact...
-
John Wallace is an automotive enthusiast. He has over 25 years of experience as a mechanic for the dealership of a large car manufacturer in Oakville. John also gained experience doing minor body...
-
Sonya is currently 10 miles from home and is walking farther away at 2 miles per hour. Write an equation for her distance from home t hours from now.
-
Find the area of a parallelogram bounded by the y-axis, the line x = 3, the line f(x) = 1 + 2x, and the line parallel to f(x) passing through (2, 7).
-
Douglas Boats is a supplier of boating equipment for the states of Oregon and Washington. It sells 5,000 White Marine WM-4 diesel engines every year. These engines are shipped to Douglas in a...
-
Describe and differentiate between planning, control, and decision - making functions.
-
Suppose US and China are the only two countries in the world. Both countries can produce computer and wheat. The following table describes their maximum output per day. Use this table to answer the...
-
Suppose that a new governor for the central bank is elected and following their inauguration, the central bank announces that it will increase the money supply. Use the DD-AA curve to show the...
-
Explain how you can use the logarithm function in a business calculation.? Give one example for the same.
-
How do emerging technologies, such as AI-driven recruitment platforms, impact diversity and inclusion efforts in hiring practices, and what ethical considerations arise from their implementation ?
-
Prepare common-sized financial statements for Regina for the period 1986 to 1988. Also, compute key liquidity, solvency, activity, and profitability ratios for the years 1987 and 1988. Given these...
-
Provide a few individual examples who revealed what aspects of emotional intelligence?
-
In problem, find an equation of the line L. L is perpendicular to y = 2x (1, 2) -1 - 2xF 3
-
What is the interest due if $500 is borrowed for 6 months at a simple interest rate of 6% per annum?
-
Solve: 4 3 = _____ ;8 2/3 = __________; 3 -2 = ________.
-
solve x-x-12=0
-
The "Big Bang" is not repeatable, and therefore cannot be proven scientifically. What can be done is to examine the evidence, and then a case can be made for evidence pointing to a possible scenario....
-
Answer the following for the function f(x)=3x +5 Part A - Find the average rate of change from x = 1 to x = 4 Part B Find the instantaneous rate of change at x=3
Study smarter with the SolutionInn App