Calculate the correlation between two variables

Assignment Help Business Economics
Reference no: EM132199164

Four studies are made to calculate the correlation between two variables: age and income. In each study, the correlation is given as follows:

Study1: 0.4, Study2: -0.3, Study3: 0, Study4: -0.9

Question: The two variables are closely related in study?

1. Study1

2. Study4

3. Study3

4. Study2

Reference no: EM132199164

Questions Cloud

Adding indexes to a database tables : What are the advantages and disadvantages of adding indexes to a database tables?
How the variables differed in the given time periods : From the Bureau of labor statistics web page (www.bis.gov/cps) find the annual averages of employement status of the civilian noninstitutional population.
What challenges are you running into as you persuasive : What challenges are you running into as you persuasive speech ? How is it going overall? Have you worked with PowerPoint before?
What are some current trends on global internet usage : Research how the Internet is bringing global economies closer and creating a broader spectrum of technology and human capital potential.
Calculate the correlation between two variables : Four studies are made to calculate the correlation between two variables: age and income. In each study, the correlation is given as follows:
Make an tester class with a main method : Make an tester class with a main method to run the methods of the class to ensure they are working properly.
Wealth of info out there on big data and iot : There is a wealth of info out there on Big Data and IoT. Here are some areas to think about:
What is the digital divide : What is the digital divide and what social differences in our society does this phenomenon highlight?
What happens to marginal product of each individual factors : Do the following functions exhibit increasing, constant, or decreasing returns to scale? What happens to the marginal product of each individual factor.

Reviews

Write a Review

Business Economics Questions & Answers

  Determine whether or not the price change

Discuss one (1) recent price change that you have noticed while visiting your local supermarket. Determine whether or not the price change that you identified was a result of a change in either supply or demand.

  Establishment of a new milk cooperative

On the basis of this analysis, would you support using government resources to encourage the establishment of a new milk cooperative? Why or why not?

  Find the incremental benefit using either one of function

Three years ago Maricopa County implemented a policy to tackle the problem of particulate matter in the air. The project/policy consisted in paving and compacting some of the roads the dairy industry uses for feeding the cattle and transporting the m..

  About whether the efficient duration of copyright is longer

The duration of copyright increased under U.S. law in several steps since the eighteenth century until it reached the life of the author plus 70 years. Suppose that a writer completes a novel at age 40. If the writer lives to be 75, then the copyrigh..

  Determine market interest rate

Determine where each of following increases, decreases, or remains unchanged in short run: market interest rate, quantity of money demanded, investment spending, aggregate demand, potential output, price level and equilibrium real GDP.

  Expected rate of return on the market portfolio

If the risk free rate is 6% and the expected rate of return on the market portfolio is 13%, is a security with a beta

  Gdp change as a result of his efforts

By Elucidate how much also in Illustrate what direction does GDP change as a result of his efforts.

  What do keynesian and new classical economists believe

What do Keynesian and New classical economists believe about macroeconomic policy. Which role of thinking do you think you would fit in?

  Domestic supply affect the price and quantity demanded

Suppose France is an open economy and cannot influence the world price. If the world price is below the domestic equilibrium price, how would an increase in domestic supply affect the price and quantity demanded?

  Major challenges to improving information sharing

As with most things the UN puts out, all of these counter terrorism recommendations are so broad in scope that they essentially say nothing at all. With that being said, there will be major challenges to improving information sharing.

  Variable costs represent the costs of acquiring food

Suppose Gus operates a small chicken restaurant in a perfectly competitive industry. His variable costs represent the costs of acquiring food and can be expressed as TVC(Q)=Q^2−(1/2)Q. What are Gus’s sunk fixed costs? What are Gus’s non-sunk fixed co..

  Investment is highly insensitive to the interest rate

Assume that investment is highly insensitive to the interest rate. Explain what the effects are on interest and income of an increase in government expenditure (G). Which component(s) of aggregate demand are crowded out (i.e., reduced)? Use an IS-LM ..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd