EXERCISE 1Table below shows the sales and the advertising expenditure of Company A for the first nine monthsof the year 2017.Advertisingexpenditure(RM'000)Sales (RMmillion)xyyMonthJan5246Feb4842Mar61503254Apr44Mei29Jun2928Jul443940AugSept363130TotalCalculate the Pearson Product Moment correlation coefficient to determine whether there is alinear relationship between sales and advertising expenditure.

Answered: Image /qna-images/answer/48064bdd-0ebc-4e61-96a1-46cd7ded4c92.jpg

Answered: Calculate the Pearson Product Moment…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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In a regression study, relating Price/unit (x) to Weekly Sales (in Kg.), with the scatter plot showing a strong negative direction, 63% of the variability in sales could be accounted for by the variation in the Unit Price. The correlation coefficient in this study is: 0.7 -0.4 -0.79 0.4
Part A: What is the most likely value of the correlation coefficient of the data in the table? Based on the correlation coefficient, describe the relationship between time and surface area of the lake. [Choose the value of the correlation coefficient from −1, −0.98, −0.5, −0.02.] Part B: What is the value of the slope of the graph of surface area versus time between 15 and 20 days, and what does the slope represent? Part C: Does the data in the table represent correlation or causation? Explain your answer.
In a regression study, relating Price/unit (x) to Weekly Sales (in Kg.), with the scatter plot showing a strong negative direction, 63% of the variability in sales could be accounted for by the variation in the Unit Price. The correlation coefficient in this study is: 0.79 -0.4 -0.79 0.4
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Are the years of education of a child dependent on the years of education of their parent? The table shows the number of years of education of parent and the number of years of education of their child. Years of Education of Parent 13 9 7 12 12 10 11 Years of Education of their Child 13 11 7 16 17 9 17 If there is a significant linear correlation between the variables, determine the regression equation. Are the years of education of a child dependent on the years of education of their parent? The table shows the number of years of education of parent and the number of years of education of their child. Years of Education of Parent 13 9 7 12 12 10 11 Years of Education of their Child 13 11 7 16 17 9 17 If there is a significant linear correlation between the variables, determine the regression equation. y’ = 1.5x - 3 There is no significant correlation between the variables,…
Data was gathered on the amount of rainfall X (in inches) for the last 5 years to analyze if the amount of rainfall X (in inches) could be used to predict the acorn output Y (in tons) for a group of oak trees. Researchers expect the the acorn output to increase linearly with the increase in rainfall amount. That is, they are specifically interested in testing if the correlation between the rainfall and the acorn output is positive (i.e.: ) . When the necessary conditions are satisfied, under the null hypothesis, test statistic for above test Group of answer choices follows a t distribution with degrees of freedom (n-1) follows a chi-square distribution with degrees of freedom (n-1) follows a t distribution with degrees of freedom (n-2) follows a standard normal distribution. follows a chi-square distribution with degrees of freedom (n-2)
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Calculate the Pearson Product Moment correlation coefficient to determine whether there is a linear relationship between sales and advertising expenditure.