C. The following table shows the mileage and selling prices of eight used cars of the same model Mileage Price 21,000 $16,000 34,000 $11,000 41,000 $13,000 43,000 $14,000 65,000 $10,000 72,000 $12,000 76,000 $7,000 84,000 $7,000 (i) Construct the linear equation that best fit and interpret the result.

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question

Answer C

QUESTION SEVEN
A. Define correlation between two variables and explain how to interpret different
values of r.
B. The following table shows the number of hours six students studied for a final exam
and there final scores.
Hours
Exam score
3
86
95
4
92
83
2
78
3
82
(i) Calculate the correlation coefficient between hours studied and exam score.
(ii) Test the significance of the correlation coefficient between hours studied and
exam score using a=0.05.
C. The following table shows the mileage and selling prices of eight used cars of the
same model
Mileage
Price
21,000
$16,000
34,000
$11,000
41,000
$13,000
43,000
$14,000
65,000
$10,000
72,000
$12,000
76,000
$7,000
84,000
$7,000
(i) Construct the linear equation that best fit and interpret the result.
Transcribed Image Text:QUESTION SEVEN A. Define correlation between two variables and explain how to interpret different values of r. B. The following table shows the number of hours six students studied for a final exam and there final scores. Hours Exam score 3 86 95 4 92 83 2 78 3 82 (i) Calculate the correlation coefficient between hours studied and exam score. (ii) Test the significance of the correlation coefficient between hours studied and exam score using a=0.05. C. The following table shows the mileage and selling prices of eight used cars of the same model Mileage Price 21,000 $16,000 34,000 $11,000 41,000 $13,000 43,000 $14,000 65,000 $10,000 72,000 $12,000 76,000 $7,000 84,000 $7,000 (i) Construct the linear equation that best fit and interpret the result.
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
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