Exam 14: Bivariate Statistical Analysis: Tests of Association

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The coefficient of determination measures the part of the total variance of Y that is accounted for by knowing the value of X.

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All of the following statistical tests can be used to test for associations between variables, except:

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When testing for association between two variables, it is possible that they can be statistically significant but not appear to be meaningfully associated.

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When the correlation between two variables is -0.32 and its associated significance level (p-value) is 0.0352, it is implied that:

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The formula below is the formula for _______________________. rwy=ryp=Σ(XiXˉ)(YiYˉ)Σ(XiXˉ2)2Σ(YiYˉ)2r_{w y}=r_{y p}=\frac{\Sigma\left(X_{i}-\bar{X}\right)\left(Y_{i}-\bar{Y}\right)}{\sqrt{\Sigma\left(X_{i}-\bar{X}^{2}\right)^{2} \Sigma\left(Y_{i}-\bar{Y}\right)^{2}}}

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The least-squares regression line minimises the sum of the squared deviations of the actual values from the predicted values in the regression line.

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If the value of r is +1.0, there is no relationship between the two variables under study.

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All of the following statements about the Correlation Coefficient are true, except:

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