Sasha selected a random sample of bivariate data, with a sample size of 30, and calculated a slope of 3.6 for the sample slope of a regression model. Sasha constructed a 95 percent confidence interval to estimate the slope. Alex claims he can construct a confidence interval that is narrower by changing the sample size but keeping all other things the same. Which of the following sample sizes will make Alex's claim true?
Correlation
Correlation defines a relationship between two independent variables. It tells the degree to which variables move in relation to each other. When two sets of data are related to each other, there is a correlation between them.
Linear Correlation
A correlation is used to determine the relationships between numerical and categorical variables. In other words, it is an indicator of how things are connected to one another. The correlation analysis is the study of how variables are related.
Regression Analysis
Regression analysis is a statistical method in which it estimates the relationship between a dependent variable and one or more independent variable. In simple terms dependent variable is called as outcome variable and independent variable is called as predictors. Regression analysis is one of the methods to find the trends in data. The independent variable used in Regression analysis is named Predictor variable. It offers data of an associated dependent variable regarding a particular outcome.
Sasha selected a random sample of bivariate data, with a
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10
Answer A: 10A -
15
Answer B: 15B -
20
Answer C: 20C -
25
Answer D: 25D -
35
Answer E: 35E
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