24. Job Interviews In a Harris poll of 514 human resource professionals, 90% said that the appearance of a job applicant is most important for a good first impression. a. Among the 514 human resource professionals who were surveyed, how many of them said that the appearance of a job applicant is most important for a good first impression? b. Construct a 99% confidence interval estimate of the proportion of all human resource professionals believing that the appearance of a job applicant is most important for a good first impression. Repeat part (b) using a confidence level of 80%. d. Compare the confidence intervals from parts (b) and (c) and identify the interval that is wider. Why is it wider?
Correlation
Correlation defines a relationship between two independent variables. It tells the degree to which variables move in relation to each other. When two sets of data are related to each other, there is a correlation between them.
Linear Correlation
A correlation is used to determine the relationships between numerical and categorical variables. In other words, it is an indicator of how things are connected to one another. The correlation analysis is the study of how variables are related.
Regression Analysis
Regression analysis is a statistical method in which it estimates the relationship between a dependent variable and one or more independent variable. In simple terms dependent variable is called as outcome variable and independent variable is called as predictors. Regression analysis is one of the methods to find the trends in data. The independent variable used in Regression analysis is named Predictor variable. It offers data of an associated dependent variable regarding a particular outcome.
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