Interpret the association.During George Bush's presidency there was a strong negative correlation between the stock marketperformance and his approval ratings.Therefore, it can be concluded that:0000lower approval ratings were the result of a better performing stock market.higher approval ratings were the result of a better performing stock market.approval ratings tended to rise as stock prices rose.approval ratings tended to fall as stock prices rose.

Correlation coefficient measures the degree of linear relationship between variables.

Answered: Interpret the association. During…

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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You need to use Stata to look up the dataset and its variables. Use Stata Companion Textbook. (Dataset: NES. Variables: spend8, [pw=nesw].) The NES dataset contains spend8, which records the number of government policy areas where respondents think spending should be increased. Scores range from 0 (the respondent does not want to increase spending on any of the policies) to 8 (the respondent wants to increase spending on all eight policies). The NES, of course, polls a random sample of U.S. adults. In this exercise you will analyze spend8 using the mean and lincom commands. You then will draw inferences about the population mean. (Remember to specify nesw as the probability weight.) The spend8 variable has a sample mean of ______. Make sure you use [pw=nesw] so your results are nationally representative. There is a probability of .95 that spend8’s true population mean falls between a score of ______ at the low end and a score of ______ at the high end. A student researcher…
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Jim 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?
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According to multiple research, there is a -0.697 correlation between happiness and loneliness. This means that _________. a. People who are happier tend to be less lonely. b. People who are happier tend to be more lonely. c. There is no link between happiness and loneliness. d. There is a causal relationship between happiness and loneliness.

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