Question

21: The director of graduate studies at a large college of business would like to be...

21: The director of graduate studies at a large college of business would like to be able to predict the grade point average (GPA) of students in an MBA program based on the Graduate Management Aptitude Test (GMAT) score. A sample of 20 students who have completed 2 years in the program is selected; the results are listed in Excel worksheet “Score”. What is the correlation coefficient between the dependent and independent variable?

GMAT GPA
688 3.72
647 3.44
652 3.21
608 3.29
680 3.91
617 3.28
557 3.02
599 3.13
616 3.45
594 3.33
567 3.07
542 2.86
551 2.91
573 2.79
536 3.00
639 3.55
619 3.47
694 3.60
718 3.88
759 3.76

A. 0.89

B. 0.80

C. 0.79

D. -0.89

E. None of the choices

Homework Answers

Answer #1

We can directly calculate correlation coefficient by using Excel.


Step 1)  Enter data in Excel.


Step 2 )  Then use =CORREL command and select two separate column data  >> ok

A. 0.89

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
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT