Question

In: Statistics and Probability

variable1 variable2 -0.21582 0.89369 0.56997 -0.72620 -0.54850 -0.09185 -0.12385 0.50086 0.06975 -0.73607 0.16327 0.88498 -0.72595 -0.27512...

variable1 variable2
-0.21582 0.89369
0.56997 -0.72620
-0.54850 -0.09185
-0.12385 0.50086
0.06975 -0.73607
0.16327 0.88498
-0.72595 -0.27512
0.22500 0.62647
-0.40463 0.92432
0.67652 0.56368
-0.82322 0.73005
0.06747 -0.74824
0.74055 0.79412
-0.71577 -0.04509
-0.82231 -0.70951
-0.47603 0.01573
0.58094 0.51169
-0.58573 0.10376
0.19003 -0.90089
-0.49528 0.04767
0.93083 -0.16886
0.61389 -0.65529
-0.91742 0.25296
-0.60957 -0.24747

Correlation is used to discover relationships between variables. Evaluate correlation between the variables in the Data above. What is the correlation?

a. 0.310

b. -0.008

c. None of the answers are correct

d. -0.991

e. 0.984

Solutions

Expert Solution

Answer: -0.008

You can get the correlation by using excel<data<megastat<regression.

or you can use the data<megastat<correlation matrix.

This will give you same r that is correlation.

The output is as follows:

Regression Analysis
0.000
r   -0.008
Std. Error   0.616
n   24
k   1
Dep. Var. variable2
ANOVA table
Source SS   df   MS F p-value
Regression 0.0005 1   0.0005 0.00 .9715
Residual 8.3494 22   0.3795
Total 8.3498 23  
Regression output confidence interval
variables coefficients std. error    t (df=22) p-value 95% lower 95% upper
Intercept 0.0635
variable1 -0.0080 0.2221 -0.036 .9715 -0.4686 0.4526

Please do the comment for any doubt or clarification.


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