Question: The Latest Model In analyzing statistical data, which do you think is more likely: a correlation coefficient of 0.9 or a correlation coefficient of 1.0?
The Latest Model In analyzing statistical data, which do you think is more likely: a correlation coefficient of 0.9 or a correlation coefficient of 1.0? Explain. Imagine that you have plotted many data points on an xy-plane. Your points seem to align into a clear best-fit line. Do you think this best-fit line can help you make predictions about future data? Explain your answer, and give one or more examples to support it
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