Homework Help is Here – Start Your Trial Now!
Math
Statistics
A. Find the correlation coefficient for the quantitative variables then create a scatterplot for the pair variables with the largest correlation coefficient. What is the relationship between the correlation coefficient and your scatter plot? Explain. Quantitative variables - time, pages viewed, amount spent. Pages Viewed Time (min) Pages Viewed Amount Spent ($) Amount Spent ($) 180.00 160.00 140.00 120.00 The variables with the largest correlation coefficient are pages viewed (0.5955) and amount spent (0.7236). 100.00 80.00 60.00 40.00 20.00 0.00 Time (min) 0 0.595567524 0.580047616 1 ●●● 2 Amount Spent ($) Based on Pages Viewed by Customers .. .. 0.723666923 ● 1 ● ... 6 Pages Viewed Amount Spent ($) 8 00 10 12

A. Find the correlation coefficient for the quantitative variables then create a scatterplot for the pair variables with the largest correlation coefficient. What is the relationship between the correlation coefficient and your scatter plot? Explain. Quantitative variables - time, pages viewed, amount spent. Pages Viewed Time (min) Pages Viewed Amount Spent ($) Amount Spent ($) 180.00 160.00 140.00 120.00 The variables with the largest correlation coefficient are pages viewed (0.5955) and amount spent (0.7236). 100.00 80.00 60.00 40.00 20.00 0.00 Time (min) 0 0.595567524 0.580047616 1 ●●● 2 Amount Spent ($) Based on Pages Viewed by Customers .. .. 0.723666923 ● 1 ● ... 6 Pages Viewed Amount Spent ($) 8 00 10 12

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
See similar textbooks
icon
Related questions
Question
  1. What is the relationship between the correlation coefficient and scatter plot? Explain.

 

A. Find the correlation coefficient for the quantitative variables then create a scatterplot for the pair variables with the largest correlation coefficient. What is the relationship between the correlation coefficient and your scatter plot? Explain. Quantitative variables - time, pages viewed, amount spent. Time (min) Pages Viewed Amount Spent ($) Amount Spent ($) 180.00 160.00 140.00 120.00 100.00 The variables with the largest correlation coefficient are pages viewed (0.5955) and amount spent (0.7236). 80.00 60.00 40.00 20.00 0.00 Time (min) 0 1 0.595567524 0.580047616 2 Pages Viewed 4 0.723666923 Amount Spent ($) Based on Pages Viewed by Customers ● • 6 Pages Viewed 1 ● ● ● Amount Spent ($) 8 10 12
Transcribed Image Text:A. Find the correlation coefficient for the quantitative variables then create a scatterplot for the pair variables with the largest correlation coefficient. What is the relationship between the correlation coefficient and your scatter plot? Explain. Quantitative variables - time, pages viewed, amount spent. Time (min) Pages Viewed Amount Spent ($) Amount Spent ($) 180.00 160.00 140.00 120.00 100.00 The variables with the largest correlation coefficient are pages viewed (0.5955) and amount spent (0.7236). 80.00 60.00 40.00 20.00 0.00 Time (min) 0 1 0.595567524 0.580047616 2 Pages Viewed 4 0.723666923 Amount Spent ($) Based on Pages Viewed by Customers ● • 6 Pages Viewed 1 ● ● ● Amount Spent ($) 8 10 12
Expert Solution
steps

Step by step

Solved in 3 steps

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman
SEE MORE TEXTBOOKS