Issue 1: Pearson Correlation Coefficient No unread replies.No replies. One professor who teaches statistics gave students one homework assignment. He asked students to find a two-variable data set and compute the Pearson correlation coefficient. One student found a data set: one variable is students’ midterm test score in an introductory microeconomics class and total observations are 45 students; while the other one variable is also students’ midterm test score in another introductory microeconomics class and total observations are 57 students. Both of these two classes were taught by the same instructor in spring 2018. Does this student’s data set make sense? Why or why not? Discuss and explain your reasons. You must provide your statistical analysis and reasons. ....................................
Inverse Normal Distribution
The method used for finding the corresponding z-critical value in a normal distribution using the known probability is said to be an inverse normal distribution. The inverse normal distribution is a continuous probability distribution with a family of two parameters.
Mean, Median, Mode
It is a descriptive summary of a data set. It can be defined by using some of the measures. The central tendencies do not provide information regarding individual data from the dataset. However, they give a summary of the data set. The central tendency or measure of central tendency is a central or typical value for a probability distribution.
Z-Scores
A z-score is a unit of measurement used in statistics to describe the position of a raw score in terms of its distance from the mean, measured with reference to standard deviation from the mean. Z-scores are useful in statistics because they allow comparison between two scores that belong to different normal distributions.
Issue 1: Pearson Correlation Coefficient
One professor who teaches statistics gave students one homework assignment. He asked students to find a two-variable data set and compute the Pearson correlation coefficient. One student found a data set: one variable is students’ midterm test score in an introductory microeconomics class and total observations are 45 students; while the other one variable is also students’ midterm test score in another introductory microeconomics class and total observations are 57 students. Both of these two classes were taught by the same instructor in spring 2018. Does this student’s data set make sense? Why or why not? Discuss and explain your reasons. You must provide your statistical analysis and reasons.
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