STATISTICAL TECHNIQUES AND TOOLS
REGRESSION
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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What type of correlation describes the following sentence:The number of people that go the pool and the temperature outside.
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positive
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negative
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none
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cannot be determined
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Explanation:
Detailed explanation-1: -The study concludes that there is a negative correlation between the prices of heating bills and the outdoor temperature. The correlation coefficient is calculated to be-0.96. This strong negative correlation signifies that as the temperature decreases outside, the prices of heating bills increase (and vice versa).
Detailed explanation-2: -Positive Correlation: as one variable increases so does the other. Height and shoe size are an example; as one’s height increases so does the shoe size.
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