MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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Concept explainers

Correlation
Correlation defines a relationship between two independent variables. It tells the degree to which variables move in relation to each other. When two sets of data are related to each other, there is a correlation between them.
Linear Correlation
A correlation is used to determine the relationships between numerical and categorical variables. In other words, it is an indicator of how things are connected to one another. The correlation analysis is the study of how variables are related.
Regression Analysis
Regression analysis is a statistical method in which it estimates the relationship between a dependent variable and one or more independent variable. In simple terms dependent variable is called as outcome variable and independent variable is called as p…
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QUESTION 7 What would be the effect on the correlation coefficient, r, if we converted the Total Mortgage axis into thousands of $ (from millions) and the Interest Rate axis into a decimal (i.e 6% into .06)? O a. The value of r would be divided by 1000 O b. The value of r would become positive O C. The value of r would triple O d. The value of r would remain unchanged Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save All Ans OCT 13 PAGES 280 3D *****
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Transcribed Image Text:QUESTION 7 What would be the effect on the correlation coefficient, r, if we converted the Total Mortgage axis into thousands of $ (from millions) and the Interest Rate axis into a decimal (i.e 6% into .06)? O a. The value of r would be divided by 1000 O b. The value of r would become positive O C. The value of r would triple O d. The value of r would remain unchanged Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save All Ans OCT 13 PAGES 280 3D *****
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