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Author Question: A study of the top 75 MBA programs attempted to predict the average starting salary (in $1000s) of ... (Read 290 times)

lilldybug07

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Question 1

Consider the following pairs of observations:

x23556
y1.31.62.12.22.7

Find and interpret the value of the coefficient of correlation.

Question 2

A study of the top 75 MBA programs attempted to predict the average starting salary (in $1000’s) of graduates of the program based on the amount of tuition (in $1000’s) charged by the program. We are told that the coefficient of correlation was calculated to be r = 0.7763. Use this information to calculate the test statistic that would be used to determine if a positive linear relationship exists between the two variables.
◦ t = 1.475
◦ t = 10.52
◦ t = 1.760
◦ t = 0.6027


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Marked as best answer by lilldybug07 on Feb 14, 2020

anoriega3

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