Compute the correlation coefficient and the regression


Look again at the scatter plot in the scenario. The country at point (9.7, 4.8) is the United States. The other 13 countries are all in Europe.

Compute the correlation coefficient and the regression equation when the United States is removed from the data. What is your conclusion?
Where would you place a new point on a scatter plot to make the correlation coefficient as close to 1 as possible? As close to 0 as possible?

Request for Solution File

Ask an Expert for Answer!!
Basic Statistics: Compute the correlation coefficient and the regression
Reference No:- TGS02197412

Expected delivery within 24 Hours