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Abby Kuntz, a Market Specialist at the Market Research Firm

Question 58

Multiple Choice

Abby Kuntz, a market specialist at the market research firm of Saez, Gann, and Spitz, is analyzing household budget data collected by her firm.Abby's dependent variable is monthly household expenditures on groceries (in $'s) , and her independent variable is annual household income (in $1,000's) .Regression analysis of the data yielded the following tables: Abby Kuntz, a market specialist at the market research firm of Saez, Gann, and Spitz, is analyzing household budget data collected by her firm.Abby's dependent variable is monthly household expenditures on groceries (in  <img src= 11eb6c3a_ec61_fde9_ad81_59fe2eaa383b_TB8417_00 The correlation coefficient between the two variables in this regression is ___.
A) 0.682478
B) -0.83
C) 0.83
D) -0.68
E) 1.0008s) , and her independent variable is annual household income (in $1,000's) .Regression analysis of the data yielded the following tables: The correlation coefficient between the two variables in this regression is ___. A) 0.682478 B) -0.83 C) 0.83 D) -0.68 E) 1.0008" class="answers-bank-image d-block" rel="preload" > The correlation coefficient between the two variables in this regression is ___.
A) 0.682478
B) -0.83
C) 0.83
D) -0.68
E) 1.0008s) , and her independent variable is annual household income (in $1,000's) .Regression analysis of the data yielded the following tables: The correlation coefficient between the two variables in this regression is ___. A) 0.682478 B) -0.83 C) 0.83 D) -0.68 E) 1.0008" class="answers-bank-image d-block" rel="preload" > 11eb6c3a_ec61_fde9_ad81_59fe2eaa383b_TB8417_00 The correlation coefficient between the two variables in this regression is ___.


A) 0.682478
B) -0.83
C) 0.83
D) -0.68
E) 1.0008

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