Showing posts with label Business Stats. Show all posts
Showing posts with label Business Stats. Show all posts

During a cold winter, the temperature stayed below zero for ten days (ranging from -20 to -5). The variance of the temperatures of the ten day period

During a cold winter, the temperature stayed below zero for ten days (ranging from -20 to -5). The variance of the temperatures of the ten day period



a.) is negative since all the numbers are negative

b.) must be at least zero

c.) cannot be computed since all the numbers are negative

d.) can be either negative or positive



Answer: B

The coefficient of correlation

The coefficient of correlation



a.) is the same as the coefficient of determination

b.) can be larger than 1

c.) cannot be larger than 1

d.) cannot be negative



Answer: C