MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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- Let x be the average number of employees in a group health insurance plan, and let y be the average administrative cost as a percentage of claims.arrow_forwardStatistics Questionarrow_forwarda. Calculate the sample covariance.X Y-3 -913 95 12b. Calculate the sample correlation.c. Describe in words the information given to us by the sample covariance and by the sample correlation.Explain how the correlation gives us more precise information.d. Explain why the covariance is not a good measure of the strength of the linear relationship between the twovariables.e. Sketch a scatterplot of a bivariate dataset with a correlation of 0.9f. Sketch a scatterplot of a bivariate dataset with a correlation of -0.3.arrow_forward
- Assume the correlation coefficient between advertising dollars spent and sales is .78. How much of the variability in sales is explained by the relationship between sales and advertising dollars? a. 39.16% b. 60.84% c. 78% d. 22%arrow_forwardAn economist wants to determine whether there is a linear relationship between a country's gross domestic product (GDP) and carbon dioxide emissions. The data are shown in the table below. c. Compute and interpret the correlation coefficient. d. Compute and interpret the coefficient of determination. e. Test for the significance of the linear relationship. Use a 0.05 level of significance. State your conclusion. Hint: Your conclusion is either of the following. • There is a significant linear relationship between a country's gross domestic product (GDP) and carbon dioxide emissions. • There is no significant linear relationship between a country's gross domestic product (GDP) and carbon dioxide emissions. GDP 1.6 3.6 4.9 1.1 0.9 2.9 2.7 2.3 1.6 1.5 (trillion dollars) Carbon Dioxide Emissions 428.2 828.8 1214.2 444.6 264 415.3 571.8 454.9 358.7 573.5 (millions of metric tons)arrow_forwardWhich of the following correlations indicates the strongest relationship or association and why? r = .10; r = .03; r = -.35; r = -15arrow_forward
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