The amount of money in Tara's account with respect to the day of the month was recorded for 31 days. The correlation coefficient was calculated to be r = - 0.9870. Interpret the meaning of the correlation coefficient in terms of the scenario.
There is a weak, negative correlation between the amount of money in Tara's account and the day of the month.
There is a strong, positive correlation between the day of the month and the amount of money in Tara's account.
There is a strong, negative correlation between the amount of money in Tara's account and the day of the month.
There is a weak, positive correlation between the day of the month and the amount of money in Tara's account.
There is no correlation between the amount of money in Tara's account and the day of the month.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “The amount of money in Tara's account with respect to the day of the month was recorded for 31 days. The correlation coefficient was ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
What is j / 6 = 9/10
Answers (1)
Ashley brought 7/8 gallon of lemonade to the party. Her friends drank 2/3 of it. How many gallons of lemonade did they drink?
Answers (2)
Determine the domain and range of the function f (x) = 23/1082%.
Answers (1)
Identify the Prime numbers: 11, 21, 31, 41, 51, 61, 71, 81, 91
Answers (2)
The product of the two numbers is 32. the first number, x, is one-half of the second number, y.
Answers (1)
New Questions in Mathematics
What is the square root of 45*2 rounded
Answers (2)
Your class is conducting an experiment to study geometric sequences. The class forms a line. The first person takes a whole pizza, divides it in half, keeps half, and hands the other half to the next person.
Answers (1)
A speed reader can read 850 words per minute. An average reader can read 1/7 that speed. how many words per minute does an average reader read?
Answers (1)
A wave with a frequency of 24Hz has a wavelength of 6 meters. At what speed will this wave travel?
Answers (1)
A store allows customers to fill their own bags of candy. glen decides he only wants caramels and candy corn. caramels sell for $0.95 per pound, and candy corn sells for $0.79 per pound. glens bag weights 1.7 pounds and it costs $1.48.
Answers (1)