You are interested in knowing whether wealthier people are happier. You collected data from fifty people about their incomes and their overall happiness levels on a scale of 1 to 10. Upon analyzing the results, you find that the correlation coefficient has a value of -0.25. On the basis of this data, respond to the following: How would the results be affected if you increased the number of subjects in the study to one thousand? Why might that affect the overall correlation?
You are interested in knowing whether wealthier people are happier. You collected data from fifty people about their incomes and their overall happiness levels on a scale of 1 to 10. Upon analyzing the results, you find that the correlation coefficient has a value of -0.25. On the basis of this data, respond to the following: How would the results be affected if you increased the number of subjects in the study to one thousand? Why might that affect the overall correlation?
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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