The question says to find the correlation coefficient, rounded to three decimals. The question asked what is the standar

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899604
Joined: Mon Aug 02, 2021 8:13 am

The question says to find the correlation coefficient, rounded to three decimals. The question asked what is the standar

Post by answerhappygod »

The question says to find the correlation coefficient, rounded to three decimals. The question asked what is the standard deviation of earning in March? Round to three decimals.
The question asked what is the standard deviation of earning in March? Round to three decimals.
The Question Says To Find The Correlation Coefficient Rounded To Three Decimals The Question Asked What Is The Standar 1
The Question Says To Find The Correlation Coefficient Rounded To Three Decimals The Question Asked What Is The Standar 1 (72.69 KiB) Viewed 25 times
Least Square Line Equation = Let (Ji, yi), i = 1, 2, ..., 10 represent the earning of 10 businesses, measured in $1000, in a city for two consecutive months; x representing the March earnings and y representing the April earnings. The following table summarizes the data. Summary of 10 Business Earnings [in $1000] for March and April Months March (X) April (Y) Sample Size 10 10 Mean 7.89 6.53 Variance 0.432 1.313 The covariance of X and Y is 0.4959. Recall: X = 121-14, Var[X] = D= (; – )2, and Cov[X,Y] = in 1 (xi – 7)(yi - y). Use the given information to answer the following questions. You may need the following equations to answer those questions: SST = (:- )2 SD[X] = $x = Var[X], and Cov[X,Y) Cor[X, Y] =r= SX SY
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Post Reply