In: Statistics and Probability
The correlation coefficient is
a) unitless measure of the strength of the linear relationship between two quantitative variables
A random sample of 15 weeks of sales (measured in $) and 15 weeks of advertising expenses (measured in $) was taken and the sample correlation coefficient was found to be r = 0.80. Based on this sample correlation coefficient we could state
c) That the percentage of variation that is shared by the two variables cannot be determined from the information given.( becauseb we use rsquare to determine variation not r)
A scatterplot of two variables is constructed. “Stretching” the scatterplot horizontally or vertically would
a) Change the perceived slope but not the correlation.
A random sample of 40 students commuting to campus by bicycle is taken. The correlation between the time spent waiting at traffic lights and total cycling time was r = 0.6. This means:
b)The more time a rider spends waiting at traffic lights, the higher their total time commuting time is likely to be.