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 you interpret the correlation coefficient in terms of strength and direction?

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 you interpret the correlation coefficient in terms of strength and direction?

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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The following statement contains an error. Choose the statement that best explains the error. "The correlation between shoe size and height is 0.87 inches" A. Correlation requires that both of the variables be categorical B. When stating the correlation coefficient, one must state whether it is a positive or negative relationship C. This statement does not tell us whether or not shoe size is correlated with height D. When reporting correlation, one does not report units because correlation has no units E. There is no error in this statement
Would A be the answer?
You wish to determine if there is a linear correlation between the age of a driver and the number of driver deaths. The following table represents the age of a driver and the number of driver deaths per 100,000. Use a significance level of 0.01 and round all values to 4 decimal places. Driver Age Number of Driver Deaths per 100,000 65 27 34 27 76 24 55 34 71 21 49 24 34 36 27 19 Ho: ρ = 0Ha: ρ ≠ 0 Find the Linear Correlation Coefficient r = Find the p-value p-value = The p-value is Less than (or equal to) αα Greater than αα The p-value leads to a decision to Reject Ho Accept Ho Do Not Reject Ho The conclusion is There is a significant positive linear correlation between driver age and number of driver deaths. There is a significant linear correlation between driver age and number of driver deaths. There is a significant negative linear correlation between driver age and number of driver deaths. There is insufficient evidence to make a…
A random sample of college students was surveyed about how they spend their time each week. The scatterplot below displays the relationship between the number of hours each student typically works per week at a part- or full-time job and the number of hours of television each student typically watches per week. The correlation between these variables is r = –0.63, and the equation we would use to predict hours spent watching TV based on hours spent working is as follows: Predicted hours spent watching TV = 17.21 – 0.23(hours spent working) Since we are using hours spent working to help us predict hours spent watching TV, we’d call hours spent working a(n) __________________ variable and hours spent watching TV a(n) __________________ variable. The correlation coefficient, along with what we see in the scatterplot, tells us that the relationship between the variables has a direction that is _________________ and a strength that is ______________________. According to the…
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