A suppose the correlation between two variables is reported, Ask an Expert

Statistics

(a) Suppose the correlation between two variables is reported as "not significant" for a sample of 1000 cases. Is it possible, without knowing the actual value of r, to make an adequate interpretation concerning the true degree of relationship from this information alone? (Explain.)

(b) Suppose the correlation between two variables is reported as "significant" for a sample of 1000 cases. Is it possible, without knowing the actual value of r, to make an adequate interpretation concerning the true degree of relationship from this information alone? (Explain.)

View complete question

Statistics and Probability, Statistics

Category:- Statistics and Probability
Reference No.:- M92695017

Have any Question?Write your Review or question?

Related Questions in Statistics and Probability

A corporate bond is currently selling for 840 it has 5

A corporate bond is currently selling for $840. It has 5 years till maturity, 6% coupon, and YTM=10%. What is the par value?

A set of score has a mean of mu 63 and a standard

A set of score has a mean of μ = 63 and a standard deviation of σ = 8. If these scores are standardized so that the new distribution has μ = 50 and σ = 10, what new value would be obtained for a score of X = 59 from the ...

Suppose that the waiting time for a pizza to be delivered

Suppose that the waiting time for a pizza to be delivered to an individual's residence has been found to be normally distributed with a mean of 30 minutes and a standard deviation of 8 minutes. What is the probability th ...

Explain the difference between profit and shareholders

Explain the difference between profit and shareholder's wealth maximization and, which of two should be goal of a business?

How would i calculate this the personnel office at a large

How would I calculate this :The personnel office at a large electronics firm regularly schedules job interviews and maintains records of the interviews. From the past records, they have found that the length of a first i ...

Question a gamble is said to be fair if each player has the

Question: A gamble is said to be fair if each player has the same expected outcome. Suppose we play a game in which the first of two players receives $50 each time the roll of a balanced die comes up with a 1 or 6. Playe ...

Bowman corp pays a constant 1440 dividend on its stock the

Bowman Corp. pays a constant $14.40 dividend on its stock. The company will maintain this dividend for the next six years and will then cease paying dividends forever. Required: If the required return on this stock is 1 ...

Iformatics and financial applicationsbackgroundthe

Informatics and Financial Applications Background The assignment of a payroll calculator demonstrates Excels ability to automate and present financial calculation information clearly. The ability to build and professiona ...

What is the algebraic equation for the coefficient fo

What is the algebraic equation for the coefficient fo variations?

Determine the critical values for a left-tailed test of a

Determine the critical? value(s) for a? left-tailed test of a population mean at the alpha α=0.01 level of significance based on a sample size of n=15.

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 Statistics and Probability Expert