This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Calculate the correlation coefficient between the age and net worth of individuals. What will be ... (Read 35 times)

nmorano1

  • Hero Member
  • *****
  • Posts: 598
on: Jun 24, 2018
Calculate the correlation coefficient between the age and net worth of individuals.
 
  What will be an ideal response?

Question 2

Without doing any calculations, explain whether a 90 confidence interval for the population mean would be wider than, narrower than, or the same as that of a 95 confidence interval for the population mean.
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kthug

  • Sr. Member
  • ****
  • Posts: 332
Reply #1 on: Jun 24, 2018
Answer to Question 1

r = 0.207

Answer to Question 2

A 90 confidence interval for the population mean would be narrower than that of a 95 confidence interval for the population mean since the t-score for a 90 confidence interval with v = 9 (1.833 ) is smaller than the t-score for the 95 confidence interval in the previous question (2.262 ).


nmorano1

  • Member
  • Posts: 598
Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review

dantucker

  • Member
  • Posts: 346
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

Aspirin is the most widely used drug in the world. It has even been recognized as such by the Guinness Book of World Records.

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Both individuals and organizations do impression management, trying to communicate messages about ... Both individuals and organizations do impression management, trying to communicate messages about ...
How to calculate simple interest (Part 1) How to calculate simple interest (Part 1)
Easy way to remember to formula to calculate volume of a cylinder Easy way to remember to formula to calculate volume of a cylinder
Correlation Coefficient, r (Chart) Correlation Coefficient, r (Chart)
What is the frequency of individuals that are homozygous for this allele? What is the frequency of individuals that are homozygous for this allele?
Calculating the coefficient of inbreeding (F) for the offspring of a first cousin marriage Calculating the coefficient of inbreeding (F) for the offspring of a first cousin marriage
Video: Anaphylaxis Animation

For a complete list of videos, visit our video library