State the properties of the linear correlation coefficient.
Question:
State the properties of the linear correlation coefficient.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 55% (9 reviews)
1 The linear correlation coefficient is always between 1 and 1 inclusive That is 2 If r 1 then a ...View the full answer
Answered By
JAPHETH KOGEI
Hi there. I'm here to assist you to score the highest marks on your assignments and homework. My areas of specialisation are:
Auditing, Financial Accounting, Macroeconomics, Monetary-economics, Business-administration, Advanced-accounting, Corporate Finance, Professional-accounting-ethics, Corporate governance, Financial-risk-analysis, Financial-budgeting, Corporate-social-responsibility, Statistics, Business management, logic, Critical thinking,
So, I look forward to helping you solve your academic problem.
I enjoy teaching and tutoring university and high school students. During my free time, I also read books on motivation, leadership, comedy, emotional intelligence, critical thinking, nature, human nature, innovation, persuasion, performance, negotiations, goals, power, time management, wealth, debates, sales, and finance. Additionally, I am a panellist on an FM radio program on Sunday mornings where we discuss current affairs.
I travel three times a year either to the USA, Europe and around Africa.
As a university student in the USA, I enjoyed interacting with people from different cultures and ethnic groups. Together with friends, we travelled widely in the USA and in Europe (UK, France, Denmark, Germany, Turkey, etc).
So, I look forward to tutoring you. I believe that it will be exciting to meet them.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
The value of the linear correlation coefficient r to find the coefficient of determination and the percentage of the total variation that can be explained by the regression line. r = 0.2
-
State the properties of Students t-distribution.
-
List the eight properties of the linear correlation coefcient.
-
A cost function is a mathematical expression of how cost drivers affect a particular cost. However, an intuitive understanding of cost functions is just as important as being able to write the...
-
What do the history tabs in IntelliConnect provide to the researcher?
-
In exercises find the limit of the trigonometric function. lim sec 2x x-0
-
Determine whether each of the following is true or false. In each case, assume \(P\) is located at \(t=0\) and \(F\) is located at \(t=n\), and the \(A\) s are spread uniformly over the planning...
-
Turner Distribution markets CDs of numerous performing artists. At the beginning of March, Turner had in beginning inventory 2,500 CDs with a unit cost of $7. During March, Turner made the following...
-
Consider the Bertrand duopoly discussed in class. Assume each firm has constant marginal cost c = 10 and zero fixed cost. Each firm chooses a price Pi 0. The market demand is given by Q = 130 P,...
-
Suppose that Aviva can earn supplemental in-come by working overtime. She intends to use any income she earns to buy shares of stock in a corporation, with the intention of leaving the shares to her...
-
The purpose of this Decisions Project is to decide on two quantitative variables, see how the relationship between these variables has changed over time, and determine the most current relationship...
-
Put the following correlation coefficients in order from weakest to strongest in terms of strength of linear association. -0.903, 0.339, -0.431, 0.137, 0.869
-
If an investor had enough money to diversify adequately through buying individual securities, why might he or she still consider buying mutual funds instead?
-
Briefly discuss the various types of costs; Analyse these costs in relation to Apple; Comment on whether you believe these costs can be mitigated and motivate your.
-
A pool player strikes a 1.25kg cue ball directly towards another ball, at rest, that has the same mass. The two collide elastically and the second ball moves away with a velocity of 12ms. What is the...
-
What does the seismic record illustrated for Mt. St. Helens in 1980 suggest?
-
How can organizations demonstrate more social responsibility and become more globally conscious, especially during corporate mergers? Why is this important, if at all?
-
Evaluate the liquidity for each year by computing the current ratio. Discuss and explain your results.
-
Trace the history of the global currency exchange controls from 1900 to present. The movement in general has been from fixed systems to flexible systems. Most developed countries have what kind of...
-
Swifty company is a publicly held corporation whose $1 par value stock is actively traded at $30 per share. The company issued 3400 shares of stock to acquire land recently advertised at $93000. When...
-
The following data represent the weights (in grams) of a random sample of 50 M&M plain candies. (a) Determine the sample standard deviation weight. Express your answer rounded to three decimal...
-
The following data represent the length of eruption for a random sample of eruptions at the Old Faithful geyser in Calistoga, California. (a) Determine the sample standard deviation length of...
-
Suppose that you are in the market to purchase a car. With gas prices on the rise, you have narrowed it down to two choices and will let gas mileage be the deciding factor. You decide to conduct a...
-
Find the amount of interest earned on $3700 invested at simple interest rate of 5% for 8 years. 5. There are 45 red balls and 15 white balls in a bag. If you reach into the bag and select one ball at...
-
Q#3. Bob's Concrete has a fleet of concrete mixer trucks to service large-scale construction projects. Each truck has a mixer that has the shape of a right circular cylinder with a frustum of a right...
-
1.Simplify using the correct arithmetic order of operations. 52 - 16.5 + (19 - 11) 2 2. A 128-pound person is holding 5 identical bags of potatoes and, when he stands on a scale, it reads 191 pounds....
Study smarter with the SolutionInn App