A Step-by-Step Introduction to Statistics for Business
Second Edition
Chapter 12: Correlation and Regression
Answers for all ‘Test Yourself’ questions from the book to check your performance and widen your overall understanding of the contents.
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- r = +0.7 (actual: +0.80)
- r = -0.5 (actual: -0.49)
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- -.80
- 1.00
- -1.00
- Neither: they’re equally strong!
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- Yes; sales is ratio-level measurement while the ratings are interval
- No; sales is ratio-level measurement while the ratings are ordinal
- Yes; sales and number of purchases are both ratio
- No; ratings are interval while colour is nominal
- Given this result from a Pearson’s correlation: r(30) =+ .02, p > .05
- 32
- .05
- 2.042
- Positive
- .11
- No, the relationship was not statistically significant.