The correlation between the response variable and the predictor variable could b

Question

The correlation between the response variable and the predictor variable could be best described as: Perfectly positively linear Perfectly negatively linear Positively correlated Negatively correlated No correlation exists What is the response variable in this problem? Percent of Equity Financing Percent Operating Margin What is the predictor variable in this problem? Percent of Equity Financing Percent Operating Margin Given the regression model, for every percentage point increase in a health care company's equity financing, by how many percentage points does operating margin increase? -7.9356 0.2736 0.6759 0.8221 None of the above

Explanation / Answer

A.17) the correlation coefficient for the two variables is 0.87(using excel)

hence the answer is c

the correlation between Response variable and Predictor variable is positively correlated

A.18) Response variable is percent operating margin

A.19) Predictor variable is Percent of equity financing

A.20) for every % point increase in equity the operating margin increases by -7.9356

hence the Answer is a

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