Question: Under a scatter diagram there is a notation that the coefficient of correlation is .10. What does this mean? a. plus and minus 10% from

Under a "scatter diagram" there is a notation that the coefficient of correlation is .10. What does this mean?

a. plus and minus 10% from the means includes about 68% of the cases

b. one-tenth of the variance of one variable is shared with the other variable

c. one-tenth of one variable is caused by the other variable

d. on a scale from -1 to +1, the degree of linear relationship between the two variables is +.10

Step by Step Solution

★★★★★

3.45 Rating (161 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

d on a scale from ... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Business Statistics Questions!

Q:

You are in charge of the audit of Hipp Supply Company for the year ended December 31. In prior years, your firm observed the inventory and tested compilation and pricing. Various misstatements were...

Q:

Developments in Technology Light is incident from air on the end face of a multimode optical fibre at angle of incidence as shown below. n n 1 2 The refractive indices of the core and cladding are...

Q:

123 Compare the purely graphical properties of these two notations, and the ways in which the graphical properties of each display correspond to the information structure being defined. Describe...

Q:

Giving a suitable example, explain the effect in C++ of qualifying a member function (method) with virtual. [3 marks] (e) Recode the following Java code in C++. Minor syntactic errors will not be...

Q:

subject-statistics can you please answer this all questions Question 17(1 point) The patient recovery time from a particular surgical procedure is normally distributed with a mean of 5.3 days and a...

Q:

Under a "scatter diagram" there is a notation that the coefficient of correlation is .60. What does this mean? plus and minus 10% from the means includes about 68% of the cases one-tenth of the...

Q:

Under a "scatter diagram" there is a notation that the coefficient of correlation is 0.15. What does this mean? O one-fifteenth of one variable is caused by the other variable O one-fifteenth of the...

Q:

Elena Modesti Final Statistics Paper Social Statistics Professor Charles 4/24/16 The study of the relationship between different social factors is very important in understanding cause and effect, as...

Q:

Statistics for Business II Excel Assignment 2 Due: Friday, July 22, 2016 by 5:00pm EST No Excel Assignment will be accepted after the due day and time. No Exceptions! Emailed assignments will NOT be...

Q:

Answer the following True/False, Multiple Choice, Fill in blank as QUICKLY AS POSSIBLE*. Please let them be correct answers. No explanation needed. 1 When conducting a one-sample t test, if a sample...

Q:

Set Student Name: 1. Describe the relationship between two variables that have a correlation coefficient value: a. Near -1 b. Near 0 c. Near 1 2. Data was collected where a weightlifter was asked to...

Q:

1. Dr.Willow has ordered that Annabelle Halverson, a 45-year-old womanundergoing a routine physical, have a screening test for occultblood in the feces. Identify and discuss conditions thatmight...

Q:

An MNC is considering establishing a two-year project in New Zealand with a $30 million initial investment. The firm's cost of capital is 12% and the required rate of return on this project is 21%....

Q:

Question 9 The following financial statements are for Microsoft, Inc. FY 2 0 2 4 and FY 2 0 2 3 . Calculate the cash flows from investing activities as it would appear on the FY 2 0 2 4 statement of...

Q:

Record the value of a byproduct at the point of separation using the normal net profit or the reversal cost method. LO.1

Q:

Coke would like to perform a blind taste test between its cola and the cola produced by its biggest competitor, Pepsi. To conduct this test, 24 individuals were randomly selected and asked to taste...

Q:

The Excel file golf scores.xlsx contains a random sample of golf scores for two highly competitive sons of a certain statistics author. Each son claims he is the more consistent golfer. a. Perform a...

Q:

Suppose one of the products manufactured by Pittsburgh Plate and Glass (PPG) is a glass pane that is 3/8 in., thick. One of the quality control measurements is the variability in the thickness of the...

Q:

Bakers Hardware takes pride as the shop around the corner that can compete with the big-box home improvement stores by providing good service from knowledgeable sales associates (many of whom are...

Q:

A household has the vNM utility function over final wealth, u(x) - In(x) and has $100,000 to invest. The household is deciding how to allocate this wealth over two types of assets: Asset 1:...

Q:

The beta of M Simon Inc., stock is 1.6, whereas the risk-free rate of return is 0.08. If the expected return on the market is 0.15, then what is the expected return on M Simon Inc?