Question Help ▼ A researcher wants to estimate the relationship between years of educational attainment (X) and the average yearly earnings of individuals (Y). For this, he collects data from a random sample of 104 individuals. From this data, he calculates the sample variances (S, S) and the sample covariance (Sxy). If S=87.12, s = 170.23, and Sxy = 116.25, then the sample correlation coefficient will be (Round your answer to two decimal places). Which of the following statements can be inferred from the value of the sample correlation coefficient calculated above? (Check all that apply.) O A. There is a weak linear association between X and Y. O B. There is a strong linear association between X and Y. O C. The points in the scatterplot have a steep slope. D. The points in the scatterplot lie very close to a straight line. Could the researcher make general inferences about the correlation between X and Y from the sample correlation value? O A. No, because the sample correlation value changes from sample to sample. O B. Yes, because the sample correlation an unbiased estimator for the population correlation. O C. Yes, because the sample correlation is a consistent estimator for the population correlation. O D. No, because the sample correlation is not an efficient estimator for the population correlation. Click to select your answer(s).

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
Question Help ▼
A researcher wants to estimate the relationship between years of educational attainment (X) and the average yearly earnings of
individuals (Y) For this, he collects data from a random sample of 104 individuals. From this data, he calculates the sample
variances (S, s) and the sample covariance (Syy).
If S = 87.12, s = 170.23, and Syy=116.25, then the sample correlation coefficient will be
%3D
(Round your answer to two decimal places).
Which of the following statements can be inferred from the value of the sample correlation coefficient calculated above? (Check all
that apply.)
A. There is a weak linear association between X and Y.
B. There is a strong linear association between X and Y.
C. The points in the scatterplot have a steep slope.
D. The points in the scatterplot lie very close to a straight line.
Could the researcher make general inferences about the correlation between X and Y from the sample correlation value?
O A. No, because the sample correlation value changes from sample to sample.
O B. Yes, because the sample correlation is an unbiased estimator for the population correlation.
O C. Yes, because the sample correlation is a consistent estimator for the population correlation.
OD. No, because the sample correlation is not an efficient estimator for the population correlation.
Click to select your answer(s).
Ready
Type here to search
Transcribed Image Text:Question Help ▼ A researcher wants to estimate the relationship between years of educational attainment (X) and the average yearly earnings of individuals (Y) For this, he collects data from a random sample of 104 individuals. From this data, he calculates the sample variances (S, s) and the sample covariance (Syy). If S = 87.12, s = 170.23, and Syy=116.25, then the sample correlation coefficient will be %3D (Round your answer to two decimal places). Which of the following statements can be inferred from the value of the sample correlation coefficient calculated above? (Check all that apply.) A. There is a weak linear association between X and Y. B. There is a strong linear association between X and Y. C. The points in the scatterplot have a steep slope. D. The points in the scatterplot lie very close to a straight line. Could the researcher make general inferences about the correlation between X and Y from the sample correlation value? O A. No, because the sample correlation value changes from sample to sample. O B. Yes, because the sample correlation is an unbiased estimator for the population correlation. O C. Yes, because the sample correlation is a consistent estimator for the population correlation. OD. No, because the sample correlation is not an efficient estimator for the population correlation. Click to select your answer(s). Ready Type here to search
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps

Blurred answer
Knowledge Booster
Non-parametric Tests
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.
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