Suppose the Correlation $r$ , Between Two Variables $x$ And $y$ Is $- 0.44$

question 8

Multiple Choice

Suppose the correlation, $r$ , between two variables $x$ and $y$ is $- 0.44$ . What would you predict about a $y$ value if the $x$ value is 2 standard deviations above its mean?

• A) It will be \(.88\) standard deviations below its mean.
• B) It will be \(.88\) standard deviations above its mean.
• C) It will be 2 standard deviations below its mean.
• D) It will be \(.44\) standard deviations below its mean.
• E) It will be \(.44\) standard deviations above its mean.

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Definitions:

Consumption

The act of using goods and services to satisfy needs and desires, often analyzed in economics and environmental sciences for its effects on society and the planet.

Distribution

in economics, refers to the way total output, income, or wealth is distributed among individuals or among the factors of production (such as labor, land, and capital).

Production

The process of creating, manufacturing, or producing goods and services, involving labor, raw materials, and tools to fulfill human wants or needs.

Post-industrial Societies

Societies characterized by an economy in which the service sector produces more wealth than the industrial sector, emphasizing information technology and knowledge-based activities.