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uppose the correlation between two variables (x, y) in a data set is determined to be r = 0.63, What must be true about the slope, b, of the least-squares line estimated for the same set of data? The slope will have the same sign as the correlation. The slope will have the opposite sign as the correlation. The slope will also be a value between −1 and 1. The slope b is always equal to the square of the correlation r.

Question

uppose the correlation between two variables (x, y) in a data set is determined to be r = 0.63, What must be true about the slope, b, of the least-squares line estimated for the same set of data? The slope will have the same sign as the correlation. The slope will have the opposite sign as the correlation. The slope will also be a value between −1 and 1. The slope b is always equal to the square of the correlation r.

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Solution

Based on the given information, we can determine that the slope, b, of the least-squares line estimated for the same set of data will have the same sign as the correlation.

Similar Questions

What can we say about the relationship between the correlation r and the slope b of the least-squares line for the same set of data? Both r and b always have values between −1 and 1. b is always larger than r. r is always larger than b. r and b have the same sign (+ or −). The slope b is always equal to the square of the correlation r.

What do all the least-squares fit lines have in common?When r = 0, there is no correlation in the data. This means that the value of y doesnot seem to be at all related to the value of x

What do all the least-squares fit lines have in common?A positive r indicates a positive correlation: as x increases, y also tends to increase.D. Set r to –0.90. Click Same r several times. What do the least-squares fit lines forthese scatter plots have in common?A negative r indicates a negative correlation: as x increases, y tends to decrease

3. Set r to 0.00. Click Same r several times.A. Do all the least-squares fit lines for these scatter plots have the same slope?B. Do all the least-squares fit lines have the same y-intercept?C. What do all the least-squares fit lines have in common?When r = 0, there is no correlation in the data. This means that the value of y doesnot seem to be at all related to the value of x

Assuming a linear relationship between X and Y, if the coefficient of correlation (r) equals – 0.30, A. the variance of X is negative. B. variable X is larger than variable Y.                          C. there is no correlation.                                      D.  the slope (b1) is negative.

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