An analyst calculated the correlation coefficient between the unemployment rate in the United States and the inflation rate. The correlation coefficient was negative 15.2% ,i.e., -15.2%. Here, the analyst is most likely to conclude that There is a strong, direct, and non-linear relationship between the unemployment rate and inflation. There is a weak, direct, and non-linear relationship between the unemployment rate and inflation. There is a strong, inverse, and non-linear relationship between the unemployment rate and inflation. There is a weak, inverse, and linear relationship between the unemployment rate and inflation.
An analyst calculated the correlation coefficient between the unemployment rate in the United States and the inflation rate. The correlation coefficient was negative 15.2% ,i.e., -15.2%. Here, the analyst is most likely to conclude that There is a strong, direct, and non-linear relationship between the unemployment rate and inflation. There is a weak, direct, and non-linear relationship between the unemployment rate and inflation. There is a strong, inverse, and non-linear relationship between the unemployment rate and inflation. There is a weak, inverse, and linear relationship between the unemployment rate and inflation.
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter4: Equations Of Linear Functions
Section4.5: Correlation And Causation
Problem 15PPS
Related questions
Question
An analyst calculated the
There is a strong, direct, and non-linear relationship between the unemployment rate and inflation. |
||
There is a weak, direct, and non-linear relationship between the unemployment rate and inflation. |
||
There is a strong, inverse, and non-linear relationship between the unemployment rate and inflation. |
||
There is a weak, inverse, and linear relationship between the unemployment rate and inflation.
|
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