(Answered) 1a if correlation coefficientnbsprnbsp 065 what does the

Economics

1a. If correlation coefficient r = 0.65, what does the coefficient of determination equal? Interpret your result.

b. A study of 20 worldwide financial institutions showed the correlation between their assets and pretax profit to be .86. At the .05 significance level, can we conclude that there is positive correlation in the population? Show how you arrived at your answer.

c. A hypothesis test is conducted at the .05 level of significance to test whether or not the population correlation is zero. If the sample consists of 25 observations and the correlation coefficient is 0.60, what is the computed value of the test statistic? Round to two decimal places.

d. In the least squares equation, Y = 10 + 20X, explain what the value of 20 indicates.

View complete question

Business Economics, Economics

Category:- Business Economics
Reference No.:- M92705584
Price:- $15

Verified Expert

Priced at $30 Now at $15, Verified Solution

Have any Question?Write your Review or question?

Related Questions in Business Economics

1 explain why fukayama thinks we are at the end of history

1. Explain why Fukayama thinks we are at the "end of history". How do you respond to his contention? 2. Explain what information a Lorenz curve gives you. How is this information summarized by a Gini coefficient. 3. Expl ...

While reconciling your check register to your bank

While reconciling your check register to your bank statement you notice that your check register balance is 1250.00 while your bank statement balance is 1205.00. Describe what might account for the difference between the ...

Scores on the act college entrance exam follow a normal

Scores on the ACT college entrance exam follow a Normal distribution with mean 18 and standard deviation 6. Wayne and Clayton are both taking the exam this year. What is closest to the probability that their average scor ...

Give examples of how dominos has adapted its global

Give examples of how Domino's has adapted its global marketing mix to meet the needs of local consumers. Are you their customer? If so, why?

Determine the sample size n needed to construct a 99

Determine the sample size n needed to construct a 99?% confidence interval to estimate the population mean when σ=24 and the margin of error equals 9.

Would it ever be rational for a firm to retain an employee

Would it ever be rational for a firm to retain an employee whose current marginal revenue product is less than her current wage? Explain.

Imagine youve started a new pizza restaurantnbspit costs

Imagine you've started a new pizza restaurant. It costs you about $6 to produce a pizza. Last week you sold 500 pizzas for $12 each. This week you raised your price and sold 375 pizzas for $14 each. What price should yo ...

What does the term the ten principles of economics and how

What does the term the Ten Principles of Economics and how it's applied to the consumer buying trends?

Suppose that the interest rate of government bonds in the

Suppose that the interest rate of government bonds in the Euro Area at 1 year maturity is 10%, or i € =0.10 At the same time , the interest rate of government bonds in the USA at 1 year maturity is 5%, or i $ =0.05 Sup ...

In a sample of 17 small candles the weight is found to be

In a sample of 17 small candles, the weight is found to be 3.72 ounces with a standard deviation of 0.963 ounces. What would be the 87% confidence interval for the size of the candles?

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Business Economics Expert