Series1 Series2 10 -16 18 -80 8 -40 4 -32 2 -16 4 -80 2 -48 12
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Question:
Series1 | Series2 |
10 | -16 |
18 | -80 |
8 | -40 |
4 | -32 |
2 | -16 |
4 | -80 |
2 | -48 |
12 | -56 |
12 | -96 |
22 | -40 |
22 | -72 |
14 | -32 |
8 | -96 |
18 | -8 |
20 | -16 |
16 | -64 |
Transcribed Image Text:
Problem 10: For the data series provided and in the order they are provided (Series 1 asx- axis/Series2 as y-axis): a) Create a scatter diagram of Series1 and Series2 using Excel. b) Using the Excel's Correl function, which of the following is True: X) the data is very slightly positively correlated Y) there is absolutely no correlation between the Series1 and Series2 Z) none of the above c) Add a linear trendline to the Scatter Diagram in a). d) What can we say, in a statistical sense, about the relationship between Series 1 and Series 2? Problem 10: For the data series provided and in the order they are provided (Series 1 asx- axis/Series2 as y-axis): a) Create a scatter diagram of Series1 and Series2 using Excel. b) Using the Excel's Correl function, which of the following is True: X) the data is very slightly positively correlated Y) there is absolutely no correlation between the Series1 and Series2 Z) none of the above c) Add a linear trendline to the Scatter Diagram in a). d) What can we say, in a statistical sense, about the relationship between Series 1 and Series 2?
Expert Answer:
Answer rating: 100% (QA)
a The scatter diagram of series 1 and series 2 using excel is show... View the full answer
Related Book For
Probability and Statistics for Engineers and Scientists
ISBN: 978-0495107576
3rd edition
Authors: Anthony Hayter
Posted Date:
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