STATISTICAL TECHNIQUES AND TOOLS
REGRESSION
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
What type of correlation describes the following sentence:The temperature outside and the number of hot chocolate sold at a football game.
|
|
postive
|
|
|
negative
|
|
|
none
|
|
|
cannot be determined
|
Explanation:
Detailed explanation-1: -Transcribed image text: A study found the correlation between temperature at football games and the amount of hot chocolate sold to be 0.97.
Detailed explanation-2: -Relationship between price and commodity is an example of negative correlation as increase in the price of a commodity leads to a decrease in the quantity of a commodity i.e. both the variables move in an opposite direction. Was this answer helpful?
There is 1 question to complete.