A covariance coefficient is bounded between 1 and -1. True or False? A correlation of 1.0...
A covariance coefficient is bounded between 1 and -1.
True or False?
A correlation of 1.0 means that a scatterplot of X and Y would result in all the values falling on a straight, downward sloping line.
True or False?
Homework Answers
A covariance coefficient is bounded between 1 and -1.
Answer: False
....A covariance can take any value
A correlation of 1.0 means that a scatterplot of X and Y would result in all the values falling on a straight, downward sloping line.
Answer: False
... A correlation of 1.0 means that a scatterplot of X and Y would result in all the values falling on a straight, upward sloping line.
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A covariance coefficient is bounded between 1 and -1.
True or False?
A correlation of 1.0...
4.he sample correlation coefficient between X and Y, rxy Sx/Sx S where S-the covariance between X...
4.he sample correlation coefficient between X and Y, rxy Sx/Sx S where S-the covariance between X and Ys Σ(X-XM) (-Yu)/ n-1 Sx the standard deviation of X and Sy the standard deviation of Y I) If the covariance is positive, the correlation coefficient must be positive: True or False? ii) If the covariance is negative, the correlation coefficient must be positive: True or False? a) ii) The correlation coefficient must lie between 0 and 1. True or False? v)lf the...
Determine whether each of the following statements regarding the correlation coefficient is true or false. The...
Determine whether each of the following statements regarding the correlation coefficient is true or false. The correlation coefficient equals the proportion of times that two variables lie on a straight line. The correlation coefficient will be +1.0 if all the data points lie on a perfectly horizontal straight line. The correlation coefficient measures the strength of any relationship that may be present between two variables. The correlation coefficient must always lie between –1.0 and +1.0.
True or false:1. The correlation coefficient and the covariance of twovariables can have different...
True or false:1. The correlation coefficient and the covariance of two variables can have different signs. (True or False)2. Graphical analysis is a useful tool that allows the researcher to have an idea of the distribution of a data series. (True or False)3. A large data samples are usually normally distributed. (True or False)4. The standard deviation is always smaller than the variance. (True or False)
Covariance and correlation between two variables are reported in the same units. True False
Covariance and correlation between two variables are reported in the same units. True False
Which of the following are true statements about the correlation coefficient r? I. A correlation coefficient...
Which of the following are true statements about the correlation coefficient r? I. A correlation coefficient of .3 means that 30% of the points are highly correlated. II. The square of the correlation measures the proportion of the y-variance that is predictable from a knowledge of x. III. Perfect correlation, that is, when the points lie exactly on a straight line is r = 0.
Find the covariance and correlation coefficient for the following sets of data. Select the answers equal...
Find the covariance and correlation coefficient for the following sets of data. Select the answers equal to or closest to your results. X: 50 44 47 40 54 Y: 10 13 95 7 Cov What does each measure tell you? Check all that apply. The covariance tells you that there is a weak or nonexistent linear relationship between X and Y The covariance and correlation coefficient tell you that there is a positive linear relationship between X and Y. The...
4 a) Suppose Y X.Show in a diagram this function. What will be the correlation coefficient...
4 a) Suppose Y X.Show in a diagram this function. What will be the correlation coefficient between X and Y? b)i) If the covariance between two variables is nogative, the correlation coefficient must be positive. True or False? ) If the covariance between two variables is zero. what does it suggest?
True or False: if the r(correlation coefficient) is closer to 1, the slope(beta) will be larger...
True or False: if the r(correlation coefficient) is closer to 1, the slope(beta) will be larger to reflect a stronger linear relationship between X and Y .
Is the following statement true or false? The Pearson correlation coefficient is a scaled (i.e., standardized)...
Is the following statement true or false? The Pearson correlation coefficient is a scaled (i.e., standardized) version of the covariance. True False
Determine if the following statement is true or false. A correlation coefficient close to 1 is...
Determine if the following statement is true or false. A correlation coefficient close to 1 is evidence of a cause-and-effect relationship between the two variables. The statement is true O A. False. Only a correlation coefficient close to 0 indicates a cause-and-effect relationship between the two variables O B. False. A correlation coefficient should not be interpreted as a cause-and-effect relationship O c. True, but only if all the conditions for correlation are met. False. A correla.on coefficient of 1...
4.he sample correlation coefficient between X and Y, rxy Sx/Sx S where S-the covariance between X and Ys Σ(X-XM) (-Yu)/ n-1 Sx the standard deviation of X and Sy the standard deviation of Y I) If the covariance is positive, the correlation coefficient must be positive: True or False? ii) If the covariance is negative, the correlation coefficient must be positive: True or False? a) ii) The correlation coefficient must lie between 0 and 1. True or False? v)lf the...
Find the covariance and correlation coefficient for the following sets of data. Select the answers equal to or closest to your results. X: 50 44 47 40 54 Y: 10 13 95 7 Cov What does each measure tell you? Check all that apply. The covariance tells you that there is a weak or nonexistent linear relationship between X and Y The covariance and correlation coefficient tell you that there is a positive linear relationship between X and Y. The...
4 a) Suppose Y X.Show in a diagram this function. What will be the correlation coefficient between X and Y? b)i) If the covariance between two variables is nogative, the correlation coefficient must be positive. True or False? ) If the covariance between two variables is zero. what does it suggest?
Determine if the following statement is true or false. A correlation coefficient close to 1 is evidence of a cause-and-effect relationship between the two variables. The statement is true O A. False. Only a correlation coefficient close to 0 indicates a cause-and-effect relationship between the two variables O B. False. A correlation coefficient should not be interpreted as a cause-and-effect relationship O c. True, but only if all the conditions for correlation are met. False. A correla.on coefficient of 1...
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