Decide whether the variables represented by the scatter plots below are positively or negatively correlated. Use P for positively and N for negatively. А. B.I С. D.
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Decide whether the variables represented by the
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- An electronics retailer would like to investigate the relationship between the selling price of a certain digital camera model and the demand for it. The accompanying table shows the weekly demand for the camera in one particular market along with the corresponding price. Determine the sample correlation coefficient between the selling price and the demand for this camera. Click the icon to view the demand and price data. r = (Round to three decimal places as needed.) Demand and Price Demand Price 18 320 19 330 15 340 15 350 12 360 12 370 8 380 Print DoneJim and Larry run a soup stand. The data below represents the sales of soup that they had on 8 randomly selected days, along with the high temperature on that day. a) Create a scatter diagram for this data set and comment on whether there is a positive or negative relationship between these variables.b) Calculate the correlation coefficient between temperature and sales.c) Does a linear relationship exist between these variables? Explain to me why or why not this is the case.d) Using excel, calculate the least squares regression equation for this data set. e) Using your equation, predict the soup sales on a day where the temperature is 29 degrees.f) Interpret the slope of this equation.g) Can we use this data set and regression equation to predict the sales on a day when the average temperature is 102 degrees? Why or why not?h) What is the R-squared for this equation? How do you interpret that R-squared?Help
- In analyzing the the correlation between two variables in the scatter plot, when the variable X increases, the variable Y also increases then the correlation between them is a. no correlation b. negative c. multiple correlation d. positiveUse the table to find the following, unit price being your (x) and units sold (y). a. Find linear correlation coefficient. Years of Experience Salary in 1000$ 2 3. 15 28 42 13 64 50 16 90 11 58 8 54 b. Find the line of best fit. c. How many units will sell if the unit price was 0.85.Given are 3 observations for two variables, x and y. 1 3 6 9 10 40 What is the value of the correlation coefficient? Select one: a. -0.83 O b. 0.83 c. -0.93 d. 0.93
- A local store kept track of the number of advertisements it placed in local newspapers and the number of stereo systems it sold each week. Week 1 2 3 4 5 6 7 8 Advertisements, x 7 5 4 2 8 5 5 3 Stereos Sold, y 23 15 12 8 2 7 9 6 a) Create a scatter plot for the data showing Advertisements Vs. Stereos Sold. b) Determine the value of r, the correlation coefficient for the set of data and classify the type of correlation. c) What does this correlation coefficient suggest about the effectiveness of the advertisements? ExplainGive an example of two variables that have a positive linear correlation. Give an example of two variables that have a negative linear correlation. Give an example of two variables that have no correlation. Below is the height in inches and weight in pounds of eleven individuals Height, x 62 63 66 68 70 72 73 74 74 75 75 Weight, y 195 190 250 220 250 255 260 275 280 295 300 x = 65 inches x = 69 inches x = 71 inchesEstimate the most likely degree of correlation for the scatterplot Options: a. 0 b. .85 c. -.90 d. -.05
- Q28a teacher asked her students how many hours of sleep they had the night before a test. what type of correlation does your graph show? Determine a equation line of best fit BY HAND using the points 7,90 nd 6,76. hours slept : 8 7 7 8 6 5 7 4 9 7 score 83 86 74 88 76 63 90 60 89 81A researcher is proposing that exercise makes a person more energized as a result they require less sleep. He carries out a survey on the number of hours of exercise per week and the average hours of sleep needed per night in order to feel well rested. The results are shown in the table (picture) for the 8 participants. a. Sketch a scatter plot for the data, is the relationship linear?b. What is the correlation between the two variables?c. Calculate the coefficient of determination and explain.
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