Homework Help is Here – Start Your Trial Now!
Math
Statistics
(b) Would you say the correlation is low, moderate, or strong? positive or negative? O moderate and positive O low and negative O low and positive O strong and negative O moderate and negative O strong and positive

(b) Would you say the correlation is low, moderate, or strong? positive or negative? O moderate and positive O low and negative O low and positive O strong and negative O moderate and negative O strong and positive

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
Let x be the average number of employees in a group health insurance plan, and let y be the average administrative cost as a percentage of claims. 3. 7 15 34 73 y 40 35 30 27 16 A USE SALT (a) Make a scatter diagram of the data and visualize the line you think best fits the data. 40 40 40 35 35 35 30 30 30 25 25 25 20 20 20 10 20 30 40 50 60 70 10 20 30 40 50 60 70 10 20 30 40 50 60 70 x (average number X (average number X(average number of employees) of employees) of employees) 40 35 30 25 20 10 20 30 40 50 60 70 X (average number of employees) (b) Would you say the correlation is low, moderate, or strong? positive or negative? moderate and positive low and negative O low and positive O strong and negative moderate and negative O strong and positive y (average cost y (average cost as percentage) as percentage) y (average cost as percentage) y (average cost as percentage)
Transcribed Image Text:Let x be the average number of employees in a group health insurance plan, and let y be the average administrative cost as a percentage of claims. 3. 7 15 34 73 y 40 35 30 27 16 A USE SALT (a) Make a scatter diagram of the data and visualize the line you think best fits the data. 40 40 40 35 35 35 30 30 30 25 25 25 20 20 20 10 20 30 40 50 60 70 10 20 30 40 50 60 70 10 20 30 40 50 60 70 x (average number X (average number X(average number of employees) of employees) of employees) 40 35 30 25 20 10 20 30 40 50 60 70 X (average number of employees) (b) Would you say the correlation is low, moderate, or strong? positive or negative? moderate and positive low and negative O low and positive O strong and negative moderate and negative O strong and positive y (average cost y (average cost as percentage) as percentage) y (average cost as percentage) y (average cost as percentage)
7713184 10 20 30 40 50 60 70 X(average number of employees) (b) Would you say the correlation is low, moderate, or strong? positive or negative? O moderate and positive O low and negative O low and positive O strong and negative O moderate and negative O strong and positive (c) Use a calculator to verify that Ex = 132, Ex2 6768, Ey = 148, Ey? 4710, and Exy = 2901. Compute r. (Round your answer to four decimal places.) %3D %3D %3D r = As x increases, does the value of r imply that y should tend to increase or decrease? Explain. O Given our value of r, we cannot draw any conclusions for the behavior of y as x increases. O Given our value of r, y should tend to increase as x increases. Given our value of r, y should tend to decrease as x increases. Given our value of r, y should tend to remain constant as x increases.
Transcribed Image Text:7713184 10 20 30 40 50 60 70 X(average number of employees) (b) Would you say the correlation is low, moderate, or strong? positive or negative? O moderate and positive O low and negative O low and positive O strong and negative O moderate and negative O strong and positive (c) Use a calculator to verify that Ex = 132, Ex2 6768, Ey = 148, Ey? 4710, and Exy = 2901. Compute r. (Round your answer to four decimal places.) %3D %3D %3D r = As x increases, does the value of r imply that y should tend to increase or decrease? Explain. O Given our value of r, we cannot draw any conclusions for the behavior of y as x increases. O Given our value of r, y should tend to increase as x increases. Given our value of r, y should tend to decrease as x increases. Given our value of r, y should tend to remain constant as x increases.
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 4 steps with 4 images

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Similar 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