Using the following data with x as the independent variable and y as the dependent variable, answer
Question:
Using the following data with x as the independent variable and y as the dependent variable, answer the items.
a. Create a scatter diagram and describe the relationship between x and y.
b. Compute the correlation coefficient.
c. Transform the x variable by squaring each value, x2.
d. Create a scatter diagram and describe the relationship between x2 and y.
e. Compute the correlation coefficient between x2 and y.
f. Compare the relationships between x and y, and x2 and y.
g. Interpret your results.
-8 -16 12 18 y 58 247 153 341 23
Step by Step Answer:
a The correlation of X and Y is 02975 The scatter plot reveals the variables do not appear to be li...View the full answer
Statistical Techniques In Business And Economics
ISBN: 9781260239478
18th Edition
Authors: Douglas Lind, William Marchal, Samuel Wathen
Related Video
The square of a number is the result of multiplying that number by itself. This is also known as \"raising a number to the power of 2\" or \"squaring a number\". The concept of squaring a number is important in many areas of mathematics and science, including geometry, trigonometry, and physics. It is also used in computer programming and data analysis. The square of a number is always positive, except for the square of 0, which is 0. When a negative number is squared, the result is positive. For example, the square of -3 is 9, since (-3) x (-3) = 9. To square a two-digit number, you can use the following formula: (A x 10 + B)^2 = A^2 x 100 + 2AB x 10 + B^2 Where A represents the tens digit and B represents the ones digit of the two-digit number. In this video, you can learn a fascinating math technique to quickly compute the square of any two-digit number. This trick involves three simple steps that enable you to arrive at the answer in a matter of seconds. The video demonstrates this method using three different examples, and you can try it out yourself and share your score in the comments section. You can also see how other students are performing using this technique.
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