Solved: Calculate the sum of squares for each variable, Basic Statistics

Calculate the sum of squares for each variable

X      Y          X Y
394 25      276   40
972 75      254   45
349 25    156    20
349 65       248   75
593 35

Question: Calculate the correlation coefficient for the data provided by completing these three steps:

a. Calculate deviation scores, multiply the deviations for each individual, and sum all products. This is the numerator of the correlation coefficient equation.

b. Calculate the sum of squares for each variable. Then compute the square root of the product of the sums of squares. This is the denominator of the correlation coefficient equation.

c. Divide the numerator by the denominator to compute the coefficient, r.

View Complete Question

Solution Preview :

Prepared by a verified Expert

Basic Statistics: Calculate the sum of squares for each variable

Reference No:- TGS0684493

Now Priced at $20 (50% Discount)

Recommended (91%)

Rated (4.3/5)

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Recent Questions Asked Basic Statistics

Q : The residual value of the trust

Crumple Car Rentals is planning to expand into the western part of the U.S. and needs to acquire approximately 400 additional automobiles for rental purposes.

Q : Find probability that sample of students have a mean score

The scores on a certain test are normally distributed with a mean score of 45 and a standard deviation of 3. What is the probability that a sample of 90 students will have a mean score of at least 45.3162?

Q : Prepare in tax research memo format

Robert Jones has just rendered service for a taxpayer as an expert witness in a case heard by the U. S. Tax Court. The taxpayer is requesting reimbursement for Jones' fees and for those amounts paid to her attorney in presenting the case.

Q : Calculate the balance sheet for nicoles getaway spa

Nicole Mackisey is thinking of forming her own spa business, Nicole's Getaway Spa (NGS). Nicole expects that she and two family members will each contribute $10,000 to the business and receive 1,000 shares each.

Q : Calculate the sum of squares for each variable

Calculate the sum of squares for each variable. Then compute the square root of the product of the sums of squares. This is the denominator of the correlation coefficient equation.

Q : Prepare an income statement in good form

Sibrel Inc., a manufacturing company, has provided the following financial data for September:Sales$590,000,Prepare an income statement in good form for September using the contribution approach.The company had no beginning or ending inventories.

Q : Find probability that crocodile more than eleven feet long

The average length of crocodiles in a swamp is 11.5 feet. If the lengths are normally distributed with a standard deviation of 1.7, find the probability that a crocodile is more than 11 feet long?

Q : Calculate the variable costs per unit

Nielson Corp. sells its product for $8,800 per unit. Variable costs per unit are: manufacturing, $4,800, and selling and administrative, $100. Fixed costs are: $24,000 manufacturing overhead, and $32,000 selling and administrative.

Q : What is the company''s plantwide overhead rate

A company estimates that overhead costs for the next year will be $8,268,000 for indirect labor and $161,600 for factory utilities. The company uses machine hours as its overhead allocation base.

1935941

Questions
Asked

3,689

Active Tutors

1413482

Questions
Answered

Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!

ask Question

Solution Preview :

Prepared by a verified Expert

Basic Statistics: Calculate the sum of squares for each variable

Reference No:- TGS0684493

Have a Question? (oR Write a Review)

Recent Questions Asked Basic Statistics

Q : The residual value of the trust

Q : Find probability that sample of students have a mean score

Q : Prepare in tax research memo format

Q : Calculate the balance sheet for nicoles getaway spa

Q : Calculate the sum of squares for each variable

Q : Prepare an income statement in good form

Q : Find probability that crocodile more than eleven feet long

Q : Calculate the variable costs per unit

Q : What is the company''s plantwide overhead rate

Operating room and a spinal anesthetic was administered

Contributing factor that lead failures in transition of care

Contribution to accountability in their communities

Patient and doctor reflect which theoretical perspective

Which form of diabetes has sudden onset in childhood

Client is complaining of difficulty concentrating

What reflects a partnership between patients and providers

Solution Preview :

Prepared by a verified Expert

Basic Statistics: Calculate the sum of squares for each variable

Reference No:- TGS0684493

Recent Questions Asked Basic Statistics

Q : The residual value of the trust

Q : Find probability that sample of students have a mean score

Q : Prepare in tax research memo format

Q : Calculate the balance sheet for nicoles getaway spa

Q : Calculate the sum of squares for each variable

Q : Prepare an income statement in good form

Q : Find probability that crocodile more than eleven feet long

Q : Calculate the variable costs per unit

Q : What is the company''s plantwide overhead rate

Asked Questions