What would be the effect on the correlation coefficient, r, if we converted the Total Mortgage axis into thousands of $ (from millions) and the Interest Rate axis into a decimal (i.e 6% into .06)? O a. The value of r would be divided by 1000 O b. The value of r would become positive C. The value ofr would triple O d. The value of r would remain unchanged

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 2BGP
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QUESTION 7
What would be the effect on the correlation coefficient, r, if we converted the Total
Mortgage axis into thousands of $ (from millions) and the Interest Rate axis into a decimal
(i.e 6% into .06)?
O a. The value of r would be divided by 1000
O b. The value of r would become positive
O C. The value of r would triple
O d. The value of r would remain unchanged
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OCT
13
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3D
*****
Transcribed Image Text:QUESTION 7 What would be the effect on the correlation coefficient, r, if we converted the Total Mortgage axis into thousands of $ (from millions) and the Interest Rate axis into a decimal (i.e 6% into .06)? O a. The value of r would be divided by 1000 O b. The value of r would become positive O C. The value of r would triple O d. The value of r would remain unchanged Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save All Ans OCT 13 PAGES 280 3D *****
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