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. x 3 7 15 32 75 y 40 35 30 26 18 (a) Make a scatter diagram of the data and visualize the line you think best fits the data. Flash Player version 10 or higher is required for this question. You can get Flash Player free from Adobe's website. (b) Would you say the correlation is low, moderate, or strong? positive or negative? strong and negative moderate and negative strong and positive low and negative low and positive moderate and positive (c) Use a calculator to verify that Σx = 132, Σx2 = 6932, Σy = 149, Σy2 = 4725, and Σxy = 2997. Compute r. (Round your answer to three decimal places.)r = As x increases, does the value of r imply that y should tend to increase or decrease? Explain. Given our value of r, we cannot draw any conclusions for the behavior of y as x increases. Given our value of r, y should tend to…arrow_forwardFor each pair of quantities, decide if the correlation coefficient would be close to 1, close to -1, or not be close to 1 or -1. Part: 0/4 Part 1 of 4 (a) The number of hours a student spends studying and the score on that student's exam. The correlation coefficient would be close to 1 Part: 1/4 Part 2 of 4 Part: 2/4 X (b) The number of hours a student spends studying and the number of letters in that student's name. The correlation coefficient would be close to -1 Part 3 of 4 X Ś X Ś (c) The number of hours an overweight person spends exercising and that person's weight. The correlation coefficient would be close to 1 5arrow_forwardWhat is the coefficient of correlation given this data: X = 61, 62, 95, 71, 49 Y = 32, 47, 107, 77, 41 Please format to 2 decimal places.arrow_forward
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- A manager wishes to determine the relationship between the number of years the manager's sales representatives have been with the company and their average monthly sales (in thousands of dollars). Calculate the linear correlation coefficient.Years with company, x: 6,7,14,11,12,19,7,5,15Sales, y: 21,23,68,52,55,51,38,45,110arrow_forwardThe correlation between amount of sleep students get the night before the test and their performance shows that the less sleep they get the lower their grades. This would be an example of Group of answer choices no correlation a negative correlation a spurious correlation a positive correlationarrow_forwardAirline fares are increasing as the oil prices are increasing. Is this a positive or negative correlation between the two? Which is the Independent variable? Which is the dependent variable?arrow_forward
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