Pyramid Lake is on the Paiute Indian Reservation in Nevada. The lake is famous for cutthroat trout. Suppose a friend tells you that the average length of trout caught in Pyramid Lake is u = 19 inches. However, a survey reported that of a random sample of 51 fish caught, the mean length was x = 18.5 inches, with estimated standard deviation s = 3.1 inches. Do these data indicate that the average length of a trout caught in Pyramid Lake is less than µ = 19 inches? Use a = 0.05. Solve the problem using the critical region method of testing (i.e., traditional method). (Round the your answers to three decimal places.) test statistic = critical value =
Correlation
Correlation defines a relationship between two independent variables. It tells the degree to which variables move in relation to each other. When two sets of data are related to each other, there is a correlation between them.
Linear Correlation
A correlation is used to determine the relationships between numerical and categorical variables. In other words, it is an indicator of how things are connected to one another. The correlation analysis is the study of how variables are related.
Regression Analysis
Regression analysis is a statistical method in which it estimates the relationship between a dependent variable and one or more independent variable. In simple terms dependent variable is called as outcome variable and independent variable is called as predictors. Regression analysis is one of the methods to find the trends in data. The independent variable used in Regression analysis is named Predictor variable. It offers data of an associated dependent variable regarding a particular outcome.
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