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1. (2 point) Calculate the correlation coefficient r. This table is intended to

ID: 2926316 • Letter: 1

Question

1. (2 point) Calculate the correlation coefficient r. This table is intended to help you set up the calculation for the correlation coefficient by hand. Please show work. I would recommend you verify the that you got the correct answer by using your TI-84 Column A: The x deviations from the mean: (x-x) Column B: The y deviations from the mean: GViT YI Multiply the values in the Columns A and B. The product of the deviations. (-4.15)(4.05)-16.808 3.5-7.65-4.15 12.4-8.35 = 4.05 Sum the above rows for multiply the summed value last cell above) y) by (n-1)-Sx 5)y 1(xi-i) y Now to finish the calculation for r Show work here: by n-1-

Explanation / Answer

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2) a) An explanatory variable is a type of independentvariable. The two terms are often used interchangeably. But there is a subtle difference between the two. When a variable is independent, it is not affected at all by any other variables. When avariable isn't independent for certain, it's anexplanatory variable.

So here years of experience is an explanatory variable.

b) Positive

because generally the more time u spend in an organization, your salary only increase not decreases. So, more the number of years of experience more will be the salary.