A director of alumni affairs at a small college wants to determine whether there is a linear relationship between the number of years alumni have been out of school and their annual contributions (in thousands of dollars). The data are shown in the table below. Display the data in a scatter plot and describe the type of correlation .
A director of alumni affairs at a small college wants to determine whether there is a linear relationship between the number of years alumni have been out of school and their annual contributions (in thousands of dollars). The data are shown in the table below. Display the data in a scatter plot and describe the type of correlation .
A director of alumni affairs at a small college wants to determine whether there is a linear relationship between the number of years alumni have been out of school and their annual contributions (in thousands of dollars). The data are shown in the table below. Display the data in a scatter plot and describe the type of correlation.
Definition Definition Relationship between two variables in which they move in opposite directions. If one goes up, the other goes down. A strong negative correlation coefficient is −1.
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.
Correlation Vs Regression: Difference Between them with definition & Comparison Chart; Author: Key Differences;https://www.youtube.com/watch?v=Ou2QGSJVd0U;License: Standard YouTube License, CC-BY
Correlation and Regression: Concepts with Illustrative examples; Author: LEARN & APPLY : Lean and Six Sigma;https://www.youtube.com/watch?v=xTpHD5WLuoA;License: Standard YouTube License, CC-BY