Question: Step 1. Open Excel and complete first two columns with any numbers Make 7-8 rows. Type below first column R = We will use

Step 1. Open Excel and complete first two columns with any numbers

Make 7-8 rows.

Type below first column "R = "

We will use Excel function CORREL(Array-1, Array-2).

STEP 2.

Click on cell B11 and type: =CORREL(

Highlight all numbers in A-column starting with cell A2 (do not include title).

That will be Array-1 (input range).

Type comma after Array-1 and highlight Array-2 from B-column.

Press ENTER. You will see in cell B11 Coefficient of Linear Correlation.

STEP 3. Analyze the R-value. Does it mean we have strong positive,

strong negative, weak correlation or none linear correlation.

Part 2. Apply t-Distribution to construct Confidence Interval for Population Mean (Chapter 10).

STEP 1. Open Excel and write ANY 7 numbers that represents Sample results.

STEP 2. Use Excel functions Average() and STDEV() to find sample mean

and sample standard deviation (s).

STEP 3. Use the Table for t-Distribution Table t-Distribution.pdf to find t-value for row df= n-1 = 7-1 = 6

and column 0.05 in two tails (this will be 95% Confidence Interval).

Calculate the Margin of Error: E = t*s/(n)

STEP 4. Write Confidence Interval for Population Mean in format:

- E, + E

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock 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 Mathematics Questions!