Describe in words the general pattern of correlation

Reference no: EM131187607

Provide a response to the following questions.

Note: Each team member should compute the following questions and submit them to the Learning Team forum. The team should then discuss each team member's answers to ascertain the correct answer for each question. Once your team has answered all the questions, submit a finalized team worksheet.

Your research team has been tasked with finding the correlation of the following scenario:

Four research participants take a test of manual dexterity (high scores mean better dexterity) and an anxiety test (high scores mean more anxiety). The scores are as follows:

Person Dexterity Anxiety

1 1 10

2 1 8

3 2 4

4 4 -2

Describe the process your research team would go through by completing the following:

1. Create a scatter diagram of the scores, which should be a negative direction.

2. Describe in words the general pattern of correlation, if any.

3. Figure the correlation coefficient.

4. Explain the logic of what you have done, writing as if you are speaking to someone who has never heard of correlation (but who does understand the mean, standard deviation, Z scores, and hypothesis testing).

5. Provide three logically possible directions of causality, indicating for each direction whether it is a reasonable explanation for the correlation in light of the variables involved. Explain why.

Reference no: EM131187607

Questions Cloud

Develop a form to capture the lessons learned : Calculate the project's earned value (see reading - Kloppenborg ) and discuss how this affects your project. Develop a form to capture the lessons learned from this project, to be completed by all project team members

What process does s follow in the risk-neutral measure : What process does S follow in the risk-neutral measure? Develop a formula for the price of a call option and for the price of a digital call option. What is the analogue of the Black-Scholes equation for this asset?

List and describe this industry and give the naics number : List and describe this industry and give the NAICS number.- Find a government source of information on the industry and job selected and the salary and also a private source of information on the same industry and job

Successful implementation of your course of action : If you were in a position to advise this company, what strategy would you recommend to sustain competitive advantage and achieve future growth? Be specific and list the steps the company should take for successful implementation of your course of ..

Describe in words the general pattern of correlation : Explain the logic of what you have done, writing as if you are speaking to someone who has never heard of correlation (but who does understand the mean, standard deviation, Z scores, and hypothesis testing).

What pde will the option price satisfy : Suppose a stock follows geometric Brownian motion in a BlackScholes world.

Create a infographic of the federal legislative process : Create a 1-page infographic of the federal legislative process - How legislation is introduced Committee Action Floor Action Presidential Action

Function of the international monetary fund : Which of the following is NOT a function of the International Monetary Fund?

Statistics for decision making : You must put the term's definition in your own words. You can use a secondary source as a citation to support your answer. If you answer a term solely with a copy/paste secondary source as your answer, it will be counted as incorrect and you will ..

User Account

All Pages