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1. What type of correlation coefficient would you use to examine the relationship between the following variables? Explain why you have selected the correlation coefficients.
A. Reading ability (converted to ordinal rank in class) and number of friends in class (converted to ordinal rank).
B. Political party (Democrat or Republican) and rank in high school graduating class.
C. IQ score and subjective well-being score.
D. Gender (male or female) and score on a test of musical-ability.
Variance analysis In spending budget (or control sales in general), a change is the change between an allocated, thought out or conventional quantity and the actual quantity incur
How many different starting lineups of 5 basketball players can be chosen from a squad of 13 players?
Circular motion is termed as when an object experiences the right amount of net force which is directed toward the center of the circle / curve. The net acceleration of an objec
Q. Explain Linear Regression model? Ans. Linear correlation measures the strength of a linear relationship, but not the exact numerical relationship. Linear regression, o
Modern hotels and certain establishments make use of an electronic door lock system. To open a door an electronic card is inserted into a slot. A green light indicates that the doo
Q. Example of Selection a Sample? Ans. Suppose a presidential election is approaching and many people are interested in knowing which candidate is most likely to win the v
Administering agency solutions A professional specific by the Office of Economical Control to provide common management of economic sales action. An administering agency is also a
Mention the characteristics of Statistics. Explain any two applications of Statistics
what is probabality
Now imagine that consumption is given as: C = 400 + 0.9YD - 1,750i And as above: Y = PE = C + I + G + NX (Income identity)
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