On the basis of the scatter diagram below, explain what is wrong with the following statement: Because

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On the basis of the scatter diagram below, explain what is wrong with the following statement: "Because the linear correlation coefficient between age and median income is 0.012, there is no relation between age and median income."

Age vs. Income 60,000 50,000 40,000 30,000 20,000 10,000 - 0 - 20 40 60 80 Age Median Income

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Statistics Informed Decisions Using Data

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5th Edition

Authors: Michael Sullivan III

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Question Posted: Jan 04, 2018 12:51 AM

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On the basis of the scatter diagram below, explain what is wrong with the following statement: Because

Question:

Age vs. Income 60,000 50,000 40,000 30,000 20,000 10,000 - 0 - 20 40 60 80 Age Median Income

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The correlation coefficient only measures the strengt...View the full answer

Statistics Informed Decisions Using Data

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