Answered: Running a regression on 25 pairs of…

Running a regression on 25 pairs of data, you find the correlation coefficient to be 0.932. At the .01 significance level, does this show significant correlation? Yes, significant correlation No

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Question

Question #77

Running a regression on 25 pairs of data, you find the correlation coefficient to be 0.932. At the .01 significance level, does this show significant correlation?

Yes, significant correlation
No

Definition Definition Statistical measure used to assess the strength and direction of relationships between two variables. Correlation coefficients range between -1 and 1. A coefficient value of 0 indicates that there is no relationship between the variables, whereas a -1 or 1 indicates that there is a perfect negative or positive correlation.

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