In: Statistics and Probability
Given the information below, interpret the correlation coefficient, check the significance and, assess the relationship between X (months on probation) and Y (risk to re-offend), include the strength, direction along with the r-squared interpretation, and what this means for the variables.
R= - 0.71 (Negative -.71)
N= 10
At the 0.05 level of significance the critical value is 0.6319.
Given the above information. Calculate the coefficient of determination (r-squared) and interpret what this means. How much can you reduuce the error predicting risk to reoffend if you know how many months of probation someone has been on?
We want to test that there is a significant correlation between the risk to re-offend & months on probation
Ho:- There is no significant correlation between the risk to re-offend & months on probation
vs
Ha:- There is a significant correlation between the risk to re-offend & months on probation
r = -0.71
So there is a negative correlation between the risk to re-offend & months on probation
|r| = 0.71 > 0.70
So we can say that there is a strong correlation between them.
So There is a strong & negative correlation between the risk to re-offend & months on probation.
The critical value = 0.6319
we reject Ho if |r| > 0.6319
Here |r| = 0.71 > 0.6319
So we reject Ho
We may conclude that there is a significant correlation between the risk to re-offend & months on probation.
b) coefficeint of determination = R2 = (r) ^2 = (-0.71)^2 = 0.5041
interpretation:
50.41 % of total variation in the risk to offend explained by the months of probation.
unexplained variance = 1- 0.5041 = 0.4959
49.59% of unexplained variation in risk to offend.
How much can you reduce the error predicting risk to re-offend if you know how many months of probation someone has been on?
We can reduce the 49.59% of the r predicting risk to re-offend if you know how many months of probation someone has been on.