What is the value of the correlation coefficient

Assignment Help Basic Statistics
Reference no: EM131401555

Traffic. Highway planners investigated the relationship between traffic Density (number of automobiles per mile) and the average Speed of the traffic on a moderately large city thoroughfare. The data were collected at the same location at 10 different times over a span of 3 months. They found a mean traffic Density of 68.6 cars per mile (cpm) with standard deviation of 27.07 cpm. Overall, the cars average Speed was 26.38 mph, with standard deviation of 9.68 mph. These researchers found the regression line for these data to be Density.

a) What is the value of the correlation coefficient between Speed and Density?

b) What percent of the variation in average Speed is explained by traffic Density?

c) Predict the average Speed of traffic on the thoroughfare when the traffic Density is 50 cpm.

d) What is the value of the residual for a traffic Density of 56 cpm with an observed Speed of 32.5 mph?

e) The data set initially included the point Density = 125 cpm, Speed = 55 . This point was considered an outlier and was not included in the analysis. Will the slope increase, decrease, or remain the same if we redo the analysis and include this point?

f) Will the correlation become stronger, weaker, or remain the same if we redo the analysis and include this point (125,55)?

g) A European member of the research team measured the Speed of the cars in kilometers per hour (1Km ≈ 0.62 miles) and the traffic Density in cars per kilometer Find the value of his calculated correlation between speed and density.

Reference no: EM131401555

Questions Cloud

Calculate npv of each project : BANKING AND FINANCIAL INTERMEDIATION EXERCISE SET. A banker has just opened a bank. Because it is brand new, its balance sheet is empty (i.e., assume there is no equity). He can collect 1,000 dollars from depositors. Calculate NPV of each project. ..
Write a summary of the case : Elaborate on two key learnings from the case related to equal employment opportunity and managing diversity. Be sure to clearly state the two key learnings and defend them in well-organized, scholarly responses.
What did the instructor predict for her score on the final : If Susan scored a 70 on the midterm, what did the instructor predict for her score on the final?- Susan got an 80 on the final. How big is her residual?
Describe what the unions can do to help labor : You are a worker in a fast growing, large, non-union manufacturing organization. You notice persistent systematic labor violations in the plant. The company has multiple locations in the United States and plants in China and France. People are com..
What is the value of the correlation coefficient : What is the value of the correlation coefficient between Speed and Density?- What percent of the variation in average Speed is explained by traffic Density?
Which two variables in table exhibit strongest association : Which two variables in the table exhibit the strongest association?- Is that strong association necessarily cause-and-effect? Offer at least two explanations why that association might be so strong.
Do you think given linear model is appropriate : Write the equation of the regression line.- Do you think the car's Weight is measured in pounds or thousands of pounds? Explain.
What do you think are the major problems with unions : The decline of union membership in the United States raises questions about whether unions will continue to exist in their present configurations. What do you think are the major problems with unions that are costing them membership? Do you think ..
How does globalization impact a union in the united states : Globalization impacts all business, foreign and domestic. How does globalization impact a union in the United States? Is the impact positive or negative? What aspects of globalization do you think will have the greatest impact on unions? Why?

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

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