Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 08 Oct 2017 My Price 5.00

Economics instructor

Correlation errors. Your Economics instructor assigns your class to investigate factors associated with the gross domestic product (GDP) of nations. Each student examines a different factor (such as Life Expectancy, Literacy Rate, etc.) for a few countries and reports to the class. Apparently, some of your classmates do not understand Statistics very well because you know several of their conclusions are incorrect. Explain the mistakes in their statements below.

a) “My very low correlation of shows that there is almost no association between GDP and Infant Mortality Rate.”

b) “There was a correlation of 0.44 between GDP and Continent.”

Answers

Maurice Tutor
(5)
Status NEW Posted 08 Oct 2017 09:10 PM My Price 5.00

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