Question: Wanda calculated the Pearson's Correlation coefficient between two variables X and Y. The coefficient turns out to be -0.86. Which of the following statement is

Wanda calculated the Pearson's Correlation coefficient between two variables X and Y. The coefficient turns out to be -0.86. Which of the following statement is correct? Question 4 options: None of the other options is correct For each unit change in X, Y will decrease by 0.86 For each unit change in X, Y will increase by 0.86 For each unit change in Y, X will decrease by 0.86

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!

1. If the Pearson's correlation coefficient between two variables X and Y is found to be negative1.3. This means Weak negative correlation between variables X and Y Strong negative correlation...

8 If you know the correlation coefficient between two variables (X and Y), how can you determine the direction of causality? a) sources You can determine the direction of causality from the...

please answer all the parts and show me how you did them 1-4/ the data is provided. Thank you so much! Description A group of business people wanted to open new restaurants in Cincinnati. As a part...

1 Anne has two ordinal-level variables in a data set. Which of the following should she use to calculate a correlation between these two variables? Question 1 options: Pearson r Kappa' Tau Spearman...

1 In a small-scale trial(sample size=9)of a psychotherapy treatment for depression,participants were assessed with a depression scale when they entered the trial and again when they have completed...

Which business analytics model(s) is used? Briefly justify why this paper's analysis should be considered as the business analytics model(s) you have selected. Provide as much information as you can...

Calculate Pearson's correlation coefficient () between the variables Weight and Head in the babyanth.complete data frame using the following formula. Include the correlation value you calculated in a...

A researcher is interested in the association between the age of the participant and the number of chronic health diagnoses. The chronic health score was created by totaling the number of chronic...

Unit 3 Practice Problems Set 16 |Also, note that the templates for hypothesis testing provided in the Excel Guides for this unit are given in the next worksheet 17 lin this document--see folder tabs...

David Consulting Servicess Office Supplies account at the beginning of June and ending of June were $2,000 and $700, respectively. Identify the adjusting entry required on Dec 31?

The force F between two parallel wires carrying electric currents is inversely proportional to the distance d between the wires. If a force of 0.736 N exists between wires that are 2.15 cm apart,...

Beta Division had the following information: \ table [ [ Asset base in Beta Division,, ] , [ Net income in Beta Division,, ] , [ Weighted average cost of capital,, ] , [ , , ] ] What is the return on...

all parts of these questions