A Set of N = 6 Pairs of X and Y

question 62

True/False

A set of n = 6 pairs of X and Y values has a Pearson correlation of r = 0.80 and SS_Y = 100.The standard error of estimate for the regression equation is √36/4 = 3 points.

---

Definitions:

Assembling Product

The process of putting together various components or parts to create a finished product ready for use or sale.

Uniformly Distributed

Uniformly distributed indicates that all outcomes in a data set or probability distribution have the same or nearly equal chance of occurring.

Standard Deviation

A tool to determine the degree of difference or dispersion within a batch of data.

Standard Normal

A type of normal distribution with a mean of 0 and a standard deviation of 1.