Explain what type of variables ‘Happiness Score’, ‘Log GDP per capita’ and ‘Social Support’ are, from statistics in economics and business.

Q: particial correlation

A: Partial Correlation: Partial correlation coefficient may be defined as a measure of degree of…

Q: what statistic should be used? What is the value of that calculated statistic?    Please explain!

A: The variable should be measured is increase in knowledge after the students participated in an…

Q: Chicken farming is a multi-billion dollar industry, and any methods that increase the growth rate of…

A: The formula of the standard error of the point estimate for the difference is,

Q: In 2017, the entire fleet of light-duty vehicles sold in the United States by each manufacturer must…

A: The given data is as follows:Population mean, Population standard deviation,

Q: What are some of the descriptive statistics that can be used to describe data?   What are the…

A: Answer : Descriptive statistics are used to describe or summarize the characteristics of a sample or…

Q: What are the reasons why you should learn statistics? Do you think that learning statistics will…

A: There are few reasons you should learn statistics - 1. The first reason would be you effectively…

Q: What is the impact of independent variables (income, types of degrees, quality of education) on…

A: Consider the independent variable Income:   There exists a positive relation between income and…

Q: A strong positive correlation can be shown between the amount of damage caused by a fire and the…

A: Correlation: Correlation a measure which indicates the “go-togetherness” of two data sets. It can be…

Q: Use the above data to prepare a frequency distribution table with 8 classes. Find the measures of…

A: The given data are below94911551417343410021807522361941163558698282812572142319838462219872302595…

Q: A group of students participated in an experiment to study the association between resting heart…

A: Association: An Association is any relationship between two measured quantities that provide them…

Q: Describe about the correlation coefficient for quantitative data.

A: Correlation: Correlation a measure which indicates the “go-togetherness” of two data sets. It can be…

Q: What is the coefficient of determination and how is it interpreted in correlation and regression…

A: The coefficient of determination, often denoted as R2, is a statistical measure used in correlation…

Q: how to develop histogram

A: Histogram represents the data in graphical format. Histogram is one of the popularly used graphs for…

Q: How do I go through the data screening process using 2 categorial and 2 quantitative variables?

A: Data screening for categorical variables:1. Check for Missing data.2. Test for association among the…

Q: How can the use of existing data and statistics help researchers? What are the benefits of using…

A: Here we have to explain how the statistics helps researchers in analyzing or using the existing…

Q: what is the correlation between the interest rate and the yield of the stock? The correlation…

A: we have given  the following display table represent output of least  square regression line for…

Q: Many institutes, departments, and recruitment committees are using  citations as part of the…

A: Given information: Part b) results: Prof. Wade Cook citation…

Q: What is the best measure of central tendency for 2 nominal level variables and why?

A: Nominal scales are used, without any quantitative significance, to label variables. One might…