Data Has Been Collected on Store Size in Square Feet

question 30

Essay

Data has been collected on store size in square feet and profit per square foot, yielding the following observations: How is the value of the correlation affected in each of the following cases?
a) Each X value is multiplied by 4.
b) Each X value is switched with the corresponding Y value.
c) Each X value is increased by 2.

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Definitions:

Overjustification Effect

A psychological effect where introducing external rewards for an activity previously enjoyed for its own sake reduces intrinsic motivation to perform that activity.

Maslow's Hierarchy

A theory in psychology proposed by Abraham Maslow that prioritizes human needs from the most basic (physiological) to higher-level needs (self-actualization).

Social Diffusion

The process by which attitudes, innovations, or behaviors spread within a population or social network.

Reference Group

Any group that individuals use as a standard for evaluating their own behavior, values, or attitudes, influencing decision-making and perceptions.