Atli believes that there is a linear relationship between the temperature in Reykjavík and the sale of mittens in his shop. He signs down the temperature in Reykjavík 7 random days and bears It compares with total sales of mittens (in krónur) the same day. The temperature measured to Average 4 degrees the days of Atli measured, with the standard deviation of 3 degrees. The total settlement sales turned out on average 28400 krónur with the standard deviation of ISK 4920. The correlation Between the mitty sales and temperature measured -0.68. How much does the mitten change when the temperature rises by one degree according to the model? Sales decreased by ISK 1115.2. The sale increases by ISK 1115.2. Sales decreased by ISK 235.7. Sales do not change.
Inverse Normal Distribution
The method used for finding the corresponding z-critical value in a normal distribution using the known probability is said to be an inverse normal distribution. The inverse normal distribution is a continuous probability distribution with a family of two parameters.
Mean, Median, Mode
It is a descriptive summary of a data set. It can be defined by using some of the measures. The central tendencies do not provide information regarding individual data from the dataset. However, they give a summary of the data set. The central tendency or measure of central tendency is a central or typical value for a probability distribution.
Z-Scores
A z-score is a unit of measurement used in statistics to describe the position of a raw score in terms of its distance from the mean, measured with reference to standard deviation from the mean. Z-scores are useful in statistics because they allow comparison between two scores that belong to different normal distributions.
Atli believes that there is a linear relationship between the temperature in Reykjavík and the sale of mittens in his shop. He signs down the temperature in Reykjavík 7 random days and bears It compares with total sales of mittens (in krónur) the same day. The temperature measured to Average 4 degrees the days of Atli measured, with the standard deviation of 3 degrees. The total settlement sales turned out on average 28400 krónur with the standard deviation of ISK 4920. The
Between the mitty sales and temperature measured -0.68.
How much does the mitten change when the temperature rises by one degree according to the model?
- Sales decreased by ISK 1115.2.
- The sale increases by ISK 1115.2.
- Sales decreased by ISK 235.7.
- Sales do not change.
Atli wants to examine whether it is actually correlated between the mitty sales and temperature. He performs
The bilateral hypothesis test and the test size in his hypothesis test is -2.07. Which resolution does he draw?
- He cannot reduce any resolution.
- That there is no correlation between mitten sales and temperature.
- The correlation between mitten and temperature is not zero.
- To a causal relationship between muttering and temperature.
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