Question

In: Statistics and Probability

Provide an example where the outlier is more important to the research than the other observations?

 

Q1: Define the following terms:

a. correlation coefficient

b. scatter plot

c. bivariate relationship

Q2: Provide an example where the outlier is more important to the research than the other observations?

Q3: Identify when to use Spearman’s rho

 

Solutions

Expert Solution

Q1: Define the following terms:

a. correlation coefficient

b. scatter plot

c. bivariate relationship

a. correlation coefficient:

correlation coeffficient gives the relationship between two variables xand y.

X is called independent variable and

Y is called dependent variable

Denoted with r

Range of r is in between -1<=r<=1

if r=+1 there exists a positive relationship between x and y

if r=+1 there exists a negative relatonship between x and y

if r=0 there is no relationship between x and y

Solution1b:

scatterplot is plot of x and y

From scatterplot we get the relatonship and trend betwen two variables.

We can check whether there is relationship (linear,exponential,polynomial) by scatterplot.

We get form, strength, direction of variables from scatterplot

if the relationship is linear we can go for regression line.

Solution1c:

Bivariate relationship :is the relationship between two variables

For reference on correlation

https://www.simplypsychology.org/correlation.html

Correlation means association - more precisely it is a measure of the extent to which two variables are related. There are three possible results of a correlational study: a positive correlation, a negative correlation, and no correlation.

  • A positive correlation is a relationship between two variables in which both variables either increase or decease at the same time. An example would be height and weight. Taller people tend to be heavier.
  • A negative correlation is a relationship between two variables in which an increase in one variable is associated with a decrease in the other. An example would be height above sea level and temperature. As you climb the mountain (increase in height) it gets colder (decrease in temperature).
  • A zero correlation exists when there is no relationship between two variables. For example their is no relationship between the amount of tea drunk and level of intelligence.

A correlation can be expressed visually. This is done by drawing a scattergram - that is one can plot the figures for one variable against the figures for the other on a graph.

For reference on scatterplot

http://www.amathsdictionaryforkids.com/qr/s/scatter%20plot.html

For bivariate relationship

https://datasagar.com/2018/01/30/uni-variate-distribution-relationships/


Related Solutions

Provide an example where the outlier is more important to the research than the other observations?
Provide an example where the outlier is more important to the research than the other observations?  
Provide an example where the outlier is more important to the research than the other observations?
  Q1: Define the following terms: a. correlation coefficient b. scatter plot c. bivariate relationship Q2: Provide an example where the outlier is more important to the research than the other observations? Q3: Identify when to use Spearman’s rho
Why is the cost of research important? Give an example of a research project where costs...
Why is the cost of research important? Give an example of a research project where costs would be minimal? Give an example when a research project would be expensive? Specifically what would cost money? How are some ways a researcher can get money to fund his or her research?
Discuss when total asset turnover would be more important than fixed asset turnover. Provide an example.
Discuss when total asset turnover would be more important than fixed asset turnover. Provide an example.
Discuss when total asset turnover would be more important than fixed asset turnover. Provide an example.
Discuss when total asset turnover would be more important than fixed asset turnover. Provide an example.
1. Why is scientific research important in community psychology? Provide an example of scientific research in...
1. Why is scientific research important in community psychology? Provide an example of scientific research in community psychology (from a peer-reviewed journal article). Discuss what method of research was used and explain how the findings of this study support community psychology’s goals. Please provide an APA-style citation for your article, including the permalink.
Which of the following statistics are unaffected by a single large outlier? (More than one) a....
Which of the following statistics are unaffected by a single large outlier? (More than one) a. Median b. Interquartile range c. Variance d. Range e. Mean f. Mode
Provide an example (other than one given in this chapter) of the use of SoLoMo marketing
Provide an example (other than one given in this chapter) of the use of SoLoMo marketing by a hospitality company.
List the steps for marketing research. Provide an example where an organization is currently utilizing the...
List the steps for marketing research. Provide an example where an organization is currently utilizing the research process. What format of marketing research is being used?
Why is marketing research important to the development of a marketing strategy? Provide a specific example....
Why is marketing research important to the development of a marketing strategy? Provide a specific example. the course is Marketing 421T
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT