Please help me with part C.
For the accompanying data set, (a) draw a scatter diagram of the data, (b) compute the correlation coefficient, and (c) determine whether there is a linear relation between x and y.
(b) Compute the correlation coefficient.
The correlation coefficient is
requals=0.397
(Round to three decimal places as needed.)
(c) Determine whether there is a linear relation between x and y.
Because the correlation coefficient is _______ and the absolute value of the correlation coefficient, 0.397 is ____ than the critical value for this data set, ____nothing, ____ linear relation exists between x and y.
Data sets are as follows:
x y
2 3
6 7
1 6
7 9
9 5
Critical Value Set
n |
|
---|---|
3 |
0.997 |
4 |
0.950 |
5 |
0.878 |
6 |
0.811 |
7 |
0.754 |
8 |
0.707 |
9 |
0.666 |
10 |
0.632 |
11 |
0.602 |
12 |
0.576 |
13 |
0.553 |
14 |
0.532 |
15 |
0.514 |
16 |
0.497 |
17 |
0.482 |
18 |
0.468 |
19 |
0.456 |
20 |
0.444 |
21 |
0.433 |
22 |
0.423 |
23 |
0.413 |
24 |
0.404 |
25 |
0.396 |
26 |
0.388 |
27 |
0.381 |
28 |
0.374 |
29 |
0.367 |
30 |
0.361 |
Ans:
c)
n=5
df=5-2=3
use alpha=0.05
critical r value=0.878
(see table for critical r value)
The absolute value of the correlation coefficient, 0.397 is less than the critical value for this data set, 0.878,No linear relation exists between x and y.
Please help me with part C. For the accompanying data set, (a) draw a scatter diagram...
For the accompanying data set, (a) draw a scatter diagram of the data, (b) by hand, compute the correlation coefficient, and (c) determine whether there is a linear relation between x and y. Data Set x 2 4 6 6 7 y 4 8 10 14 19 Critical Values for Correlation Coefficient n 3 0.997 4 0.950 5 0.878 6 0.811 7 0.754 8 0.707 9 0.666 10 0.632 11 0.602 12 0.576 13 0.553 14 0.532 15 0.514 16...
For the accompanying data set, (a) draw a scatter diagram of the data, (b) compute the correlation coefficient, and (c) determine whether there is a linear relation between x and y. Click the icon to view the data set Click the icon to view the critical values table (a) Draw a scatter diagram of the data. Choose the correct graph below. OA. ов. Ос. OD. A 10 A 10- 10- 1 Question Viewer ucal values tables e data. Choose the...
For the accompanying data set, (a) draw a scatter diagram of the data, (b) by hand, compute the correlation coefficient, and (c) determine whether there is a linear relation between x and y. Click here to view the data set. LOADING... Click here to view the critical values table. LOADING... (a) Draw a scatter diagram of the data. Choose the correct graph below. A. 010020xy A scatter diagram has a horizontal x-axis labeled from 0 to 10 in increments of...
For the accompanying data set, (a) draw a scatter diagram of the data, (b) compute the correlation coefficient, and (c) determine whether there is a linear relation between x and y. Click the icon to view the data set Click the icon to view the critical values table. (a) Draw a scatter diagram of the data. Choose the correct graph below. OB. OD ОА A 10 Ос. AY 10- 10- a 10 Data se 6 Click to select your answer...
Need help with solving problem (b) to find r = For the accompanying data set, (a) draw a scatter diagram of the data, (b) by hand, compute the correlation coefficient, and (c) determine whether there is a linear relation between x andy Data set er er (a) Draw a scatter diagram of the da 4 A. 10 12 20 PrintDone 10 10 10 10 (b) By hand, compute the correlation coefficient. The correlation coefficient is rRound to three decimal places...
Compensation ($ millions) Stock Return (%) 26.29 6.08 12.97 30.67 19.36 31.29 13.69 79.91 11.88 -8.33 12.29 2.53 26.63 4.07 14.93 10.77 17.81 4.49 14.04 11.58 Critical Values for Correlation Coefficient n 3 0.997 4 0.950 5 0.878 6 0.811 7 0.754 8 0.707 9 0.666 10 0.632 11 0.602 12 0.576 13 0.553 14 0.532 15 0.514 16 0.497 17 0.482 18 0.468 19 0.456 20 0.444 21 0.433 22 0.423 23 0.413 24 0.404 25 0.396 26 0.388...
The given data represent the total compensation for 10 randomly selected CEOs and their company's stock performance in 2009. Analysis of this data reveals a correlation coefficient of r= -0.1737. What would be the predicted stock return for a company whose CEO made $15 million? What would be the predicted stock return for a company whose CEO made $25 million? Click the icon to view the compensation and stock performance data. Click the icon to view a table of critical...
The accompanying data represent the number of days absent, x, and the final exam score, y, for a sample of colege students in a general educanion course at a large state university Complete parts (a) through (e) below Click the icon to view the absence count and final exam score data Cick the icon to view a table of critical values for the comelation coefficient (a) Find the least-squares regression Iine treating number of absences as the explanatory variable and...
The given data represent the total compensation for 10 randomly selected CEOs and their company's stock performance in 2009. Analysis of this data reveals a correlation coefficient of r=-0.1904. What would be the predicted stock return for a company whose CEO made $15 million? What would be the predicted stock return for a company whose CEO made $25 million? EEl Click the icon to view the compensation and stock performance data. Click the icon to view a table of critical...
Suppose you computed r=0.261 using n=23 data points. Using the critical values table below, determine if the value of r is significant or not. df CV (+ and -) df CV (+ and -) df CV (+ and -) df CV (+ and -) 1 0.997 11 0.555 21 0.413 40 0.304 2 0.950 12 0.532 22 0.404 50 0.273 3 0.878 13 0.514 23 0.396 60 0.250 4 0.811 14 0.497 24 0.388 70 0.232 5 0.754 15 0.482...