Most people dislike losses more than they like gains. In money terms, people are about as sensitive to a loss of $10$10 as to a gain of $20.$20. To discover what parts of the brain are active in decisions about gain and loss, psychologists presented subjects with a series of gambles with different odds and different amounts of winnings and losses. From a subject's choices, they constructed a measure of "behavioral loss aversion." Higher scores show greater sensitivity to losses. Observing brain activity while subjects made their decisions pointed to specific brain regions. The table contains data for 1616 subjects on behavioral loss aversion and "neural loss aversion," a measure of activity in one region of the brain. Neural Behavioral −50.0−50.0 0.080.08 −39.1−39.1 0.810.81 −25.9−25.9 0.010.01 −26.7−26.7 0.120.12 −28.6−28.6 0.680.68 −19.8−19.8 0.110.11 −17.6−17.6 0.360.36 5.55.5 0.340.34 2.62.6 0.530.53 20.720.7 0.680.68 12.112.1 0.990.99 15.515.5 1.041.04 28.828.8 0.660.66 41.741.7 0.860.86 55.355.3 1.291.29 155.2155.2 1.941.94 To access the data, click the link for your preferred software format.   CSV   Excel (xls)   Excel (xlsx)   JMP   Mac-Text   Minitab14-18   Minitab18+   PC-Text   R   SPSS   TI   CrunchIt! From a graph in Sabrina M. Tom et al., "The neural basis of loss aversion in decisionmaking under risk," Science, 315 (2007), pp. 515–518.   © Macmillan Learning Find the correlation ?� between neural and behavioral loss aversion with the outlier. Give your answer to four decimal places. ?=�=     Find the correlation ?� between neural and behavioral loss aversion without the outlier. Give your answer to four decimal places. ?=�=

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question

Most people dislike losses more than they like gains. In money terms, people are about as sensitive to a loss of $10$10 as to a gain of $20.$20. To discover what parts of the brain are active in decisions about gain and loss, psychologists presented subjects with a series of gambles with different odds and different amounts of winnings and losses. From a subject's choices, they constructed a measure of "behavioral loss aversion." Higher scores show greater sensitivity to losses. Observing brain activity while subjects made their decisions pointed to specific brain regions.

The table contains data for 1616 subjects on behavioral loss aversion and "neural loss aversion," a measure of activity in one region of the brain.

Neural Behavioral
−50.0−50.0 0.080.08
−39.1−39.1 0.810.81
−25.9−25.9 0.010.01
−26.7−26.7 0.120.12
−28.6−28.6 0.680.68
−19.8−19.8 0.110.11
−17.6−17.6 0.360.36
5.55.5 0.340.34
2.62.6 0.530.53
20.720.7 0.680.68
12.112.1 0.990.99
15.515.5 1.041.04
28.828.8 0.660.66
41.741.7 0.860.86
55.355.3 1.291.29
155.2155.2 1.941.94

To access the data, click the link for your preferred software format.

  CSV   Excel (xls)   Excel (xlsx)   JMP   Mac-Text   Minitab14-18   Minitab18+   PC-Text   R   SPSS   TI   CrunchIt!

From a graph in Sabrina M. Tom et al., "The neural basis of loss aversion in decisionmaking under risk," Science, 315 (2007), pp. 515–518.
 
© Macmillan Learning

Find the correlation ?� between neural and behavioral loss aversion with the outlier. Give your answer to four decimal places.

?=�=
 
 

Find the correlation ?� between neural and behavioral loss aversion without the outlier. Give your answer to four decimal places.

?=�=
 
Expert Solution
Step 1

Introduction:

The software used by us is Excel.

trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 5 images

Blurred answer
Similar questions
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman