Problem 3.8. Using the class data we collected at the beginning of the semester you conducted a Regression study. You used income asyour dependent variable (Y) and you used age (X) as your independent variable. You then obtained the following:Mean of X (X-bar) = 21.58 Standard Deviation of X (Sx) = 6.31Mean of Y (Y-bar) = 11,475 Standard Deviation of Y (Sy) = 16,534Coefficient of Correlation r 04How correlated at the two variables in question?Multiple ChoiceThe two variables are moderately positively correlatedthe two variables are highly positively correleted becuase 0.4 is reoily close to 0.5the two verlebles are negatively correlated, notice how the x for each is real fer appert Multiple ChoiceThe two variables are moderately positively correlatedthe two variables are highly positively correlated becuase 04 is really close to 0.5the two varlables are negatively correlated, notice how the x for each is real for oppartthe two variables are not correlated at all

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Problem 3.8. Using the class data we collected at the beginning of the semester you conducted a Regression study. You used income as your dependent varlable (Y) and you used age 0) as your independent variable. You then obtained the following Mean of X (X-bar) 21.58 Standard Deviation of X (Sx) = 6.31 Mean of Y (Y-bar) 11,475 Standard Deviation of Y (Sy) = 16,534 Coefficient of Correlation r=0.4 How correlated at the two variables in question?

Problem 3.8. Using the class data we collected at the beginning of the semester you conducted a Regression study. You used income as your dependent varlable (Y) and you used age 0) as your independent variable. You then obtained the following Mean of X (X-bar) 21.58 Standard Deviation of X (Sx) = 6.31 Mean of Y (Y-bar) 11,475 Standard Deviation of Y (Sy) = 16,534 Coefficient of Correlation r=0.4 How correlated at the two variables in question?

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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