Correlation-coefficients and probability

Assignment Help Basic Statistics
Reference no: EM1315991

A Correlation matrix (correlation, coefficients and probability level under the hypothesis rho= 0) for a company's sales force (age, years of service, and current sales) is given below. Comment.

 

Age

Years of Service

Current Sales

Age

1

0.68185

0.21652

 

0

0.0208

0.5225

Years of Service

0.68185

1

0.64499

 

0.0208

0

0.0321

Current Sales

0.21652

0.64499

1

 

0.5225

0.0321

0

Reference no: EM1315991

Questions Cloud

Financial statement ratio analysis : Financial Statement ratio analysis-Project Due at the end of the Post week - Prepare common sized statements for the 3 years and Prepare a trend analysis for both the balance sheet (classification totals only) and the income statement.
Olveout the following linear programming problem : LPP using the graphical method. Solveout the following linear programming problem utilizing the corner point method.
Theory problem based on merging and acquisition : Theory problem based on Merging and acquisition and the wave of bank mergers in the past decade has resulted in substantial industry consolidation
Justification of price discrimination in case of aids drug : Use our discussion of price discrimination to justify this argument.  What problems do you envisage in implementing the policy?
Correlation-coefficients and probability : A Correlation matrix (correlation, coefficients and probability level under the hypothesis rho= 0) for a company's sales force (age, years of service, and current sales) is given below. Comment.
Determine the 2007 after-tax cost of debt : Calculation of adjusted return on assets and after tax cost of debt - Determine the 2007 after-tax cost of debt. Be sure to include the appropriate adjustments from operating leases.
Computethe following linear programming problem : Linear programming problems. Computethe following linear programming problem. Among which of the following points (X,Y) is feasible.
Solve the problem on time, work & distance : Solve the problem on time, work & distance
Imposition of tax and its impact on cost curves : How would each of the following affect the firm's marginal, average, and average variable cost curves?

Reviews

Write a Review

Basic Statistics Questions & Answers

  Estimating the difference between the population means

Use a 5% significance level to test the claim that there appears to be a difference in the effectiveness of the two diets.

  Distinct random variable

Distinct random variable

  Computing value of correlation coefficient between variables

Determine the value of correlation coefficient between these 2 variables?

  Confidence interval for difference between two mean

Test hypothesis that both propellants have same mean burning rate. Utilize α=0.05. Compute the P value.

  Finding minimum sample size using the mean scores

What is the minimum sample size needed in order for you to be 95% confident that your estimate is within 5 of µ? Use the value 20 for the population standard deviation of scores on this subsection.

  Test for independence and preferences

We are asked to test for independence between age (i.e., adult and teen) and drink preferences.

  Mean square within treatments

To test whether or not there is a difference between treatments A, B, and C, a sample of 12 observations has been randomly assigned to the 3 treatments.

  Margin of error with confidence

An SRS of 100 of a certain popular model car in 1993 found that 20 had a certain minor defect in the brakes. An SRS of 400 of this model car in 1994 found that 50 had the minor defect in the brakes. Let p1 and p2 be the proportion of all cars of t..

  Probability for a randomly selected employee

Find the probability that a randomly selected employee earns less than $5.43.

  Prediction interval based on multiple-regression equation

Construct a 98% prediction interval for the selling price of a 4l- year old house having 4500 square feet, 13 rooms, and an attached garage.

  Probability based on poisson distribution

Find the probability that in a given month:

  Probability for normal distribution-sampling distribution

If 25 men aged 18-24 are arbitrarily chosen, determine probability that their mean serum cholesterol level is between 165 and 200.

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