All of the following statements are TRUE about finding relationships in data EXCEPT:
A) The covariance and correlation formulas are used to describe linear relationships between data.
B) Covariance is a formula that can calculate the relationship between two variables, like age and dollars spent as well as the direction of the relationship.
C) The correlation formula produces a value between -.1 and 1 that is called the correlation coefficient.
D) The correlation coefficient is represented by the letter "r" in statistics and is a unitless value that describes the strength and direction of a relationship between two variables.
Correct Answer:
Verified
Q29: _ is the average of the variables
Q30: The _ distribution is a continuous probability
Q31: Correlation coefficient values are easy to interpret,but
Q32: Managers at the Turquoise Oasis Spa are
Q33: _ is a method used to predict
Q35: _ is the middle value(s)when all the
Q36: All of the following statements are TRUE
Q37: Array functions look different from other functions
Q38: The Turquoise Oasis Spa places orders for
Q39: A _ calculates the average of values
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents