Question

4. Scatter Diagram A. Why do we use a scatter diagram when analysing data? B. On...

4. Scatter Diagram

A. Why do we use a scatter diagram when analysing data?

B. On a scatter diagram, what is a positive relationship?

C. What does it mean when it is said that the relationship is strong?

Homework Answers

Answer #1

4.

A. Scatter diagrams are used to compare two data sets to assess whether there is any correlation between them. By plotting the data, visually it would tell if it is a positive, negative or no relationship between them.

B. A positive correlation would mean an increasing trend and move in a same direction. An increase in one variable would make other variable to increase

C. Strong relation means there is a visibly clear upward trend from left to right and the data points would form a line

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Why do we apply risk weights when analysing capital adequacy? Why don’t we simply add all...
Why do we apply risk weights when analysing capital adequacy? Why don’t we simply add all assets? Discuss. Also, discuss what banks are likely to do if risk weights were abolished.
Why do we apply risk weights when analysing capital adequacy? Why don’t we simply add all...
Why do we apply risk weights when analysing capital adequacy? Why don’t we simply add all assets? Discuss. Also, Discuss what banks are likely to do if risk weights were abolished.
For the accompanying data​ set, (a) draw a scatter diagram of the​ data, (b) compute the...
For the accompanying data​ set, (a) draw a scatter diagram of the​ data, (b) compute the correlation​ coefficient, and​ (c) determine whether there is a linear relation between x and y. LOADING... Click the icon to view the data set. LOADING... Click the icon to view the critical values table. ​(a) Draw a scatter diagram of the data. Choose the correct graph below. A. 0 10 0 10 x y A scatter diagram has a horizontal x-axis labeled from 0...
For the accompanying data​ set, (a) draw a scatter diagram of the​ data, (b) compute the...
For the accompanying data​ set, (a) draw a scatter diagram of the​ data, (b) compute the correlation​ coefficient, and​ (c) determine whether there is a linear relation between x and y. x 2 6 1 7 9 y 8 7 6 9 5
For the following data​ (a) display the data in a scatter​ plot, (b) calculate the correlation...
For the following data​ (a) display the data in a scatter​ plot, (b) calculate the correlation coefficient​ r, and​ (c) make a conclusion about the type of correlation. The ages​ (in years) of six children and the number of words in their vocabulary Choose the correct scatter plot ​(b) The correlation coefficient r is ____ ​(Round to three decimal places as​ needed.) ​(c) Which of the following best describes the type of correlation that exists between age and vocabulary​ size?...
For the following data​ (a) display the data in a scatter​ plot, (b) calculate the correlation...
For the following data​ (a) display the data in a scatter​ plot, (b) calculate the correlation coefficient​ r, and​ (c) make a conclusion about the type of correlation. The ages​ (in years) of six children and the number of words in their vocabulary Age, x Vocabulary size, y 1 300 2 700 3 1000 4 1450 5 2100 6 2400 make a scatter plot based on this ​(b) The correlation coefficient r is ____? ​(Round to three decimal places as​...
Chpt 4 Using Excel, create a scatter diagram of the data shown below including the linear...
Chpt 4 Using Excel, create a scatter diagram of the data shown below including the linear equation of the relationship & the r2coefficient. Make it look professional & colorful. Explain what the chart shows. Hours of Study/ week gpa 2 1.6 1 1.1 5 1.8 6 2 7 2.1 21 3.9 14 3 16 3.1
For the accompanying data​ set, (a) draw a scatter diagram of the​ data, (b) by​ hand,...
For the accompanying data​ set, (a) draw a scatter diagram of the​ data, (b) by​ hand, compute the correlation​ coefficient, and​ (c) determine whether there is a linear relation between x and y. x   y 2   4 4   8 6   12 6   12 7   20 Data set x 22 44 66 66 77 y 44 88 1212 1212 2020 Critical Values for Correlation Coefficient n 3 0.997 4 0.950 5 0.878 6 0.811 7 0.754 8 0.707 9 0.666 10...
For the following data​ (a) display the data in a scatter​ plot, (b) calculate the correlation...
For the following data​ (a) display the data in a scatter​ plot, (b) calculate the correlation coefficient​ r, and​ (c) make a conclusion about the type of correlation. The ages​ (in years) of 6 children and the number of words in their vocabulary. ​(b) The correlation coefficient r is nothing. ​(Round to three decimal places as​ needed.) ​(c) Which of the following best describes the type of correlation that exists between age and vocabulary​ size? A. Weak positive linear correlation...
DATA SET x y 2.1 3.9 3.8 1.3 2.9 3.6 4.7 4.9 (a) Draw a scatter...
DATA SET x y 2.1 3.9 3.8 1.3 2.9 3.6 4.7 4.9 (a) Draw a scatter diagram of the data. Compute the linear correlation coefficient. The linear correlation coefficient for the four pieces of data is____________ (b) Draw a scatter diagram of the data with the additional data point(10.4,9.3). Compute the linear correlation coefficient with the additional data point. The linear correlation coefficient for the pieces of data is_________ Comment on the effect the additional data point has on the...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT