[Answered] Compute and interpret the sample correlation coefficient. What will be an ideal ...

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eruditmonkey@yahoo.com

Hero Member
Posts: 546

on: Jun 24, 2018

Compute and interpret the sample correlation coefficient.

What will be an ideal response?

Question 2

The correlation coefficient is:

A) -0.6834
B) 0.5412
C) 0.6834
D) -0.5412

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SamMuagrove

Sr. Member
Posts: 312

Reply #1 on: Jun 24, 2018

Answer to Question 1

The sample correlation coefficient r = Cov(x, y)/(sx . sy) = - 0.812. This indicates that there is a strong negative linear relationship between the two variables.

Answer to Question 2

D

eruditmonkey@yahoo.com

Hero Member
Posts: 546

Reply #2 on: Jun 24, 2018

Thank you

SamMuagrove

Sr. Member
Posts: 312

Reply #3 on: Jun 24, 2018

No problemo

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