The correlation between age and income as measured on 100


The correlation between Age and Income as measured on 100 people is r = 0.75. Explain whether or not each of these possible conclusions is justified:

a) When Age increases, Income increases as well.

b) The form of the relationship between Age and Income is straight.

c) There are no outliers in the scatterplot of Income vs. Age.

d) Whether we measure Age in years or months, the correlation will still be 0.75.

Request for Solution File

Ask an Expert for Answer!!
Basic Statistics: The correlation between age and income as measured on 100
Reference No:- TGS02191279

Expected delivery within 24 Hours