Discuss the relationship between the Pearson correlation coefficient and the coefficient of determination.

What will be an ideal response?


The Pearson correlation coefficient is a statistical measure of the strength of a linear relationship between two metric variables. The coefficient of determination is obtained by squaring the correlation coefficient. It is a measure of the amount of variation in one variable accounted for by the other variable.

Business

You might also like to view...

Which psychologist believes that, when we tweet and communicate via Facebook, we are playing to the crowd--presenting a self that is based on what others respond to positively?

A. Haney B. Turkle C. Cooley D. James

Business

In moral ______, individuals and organizations want to appear ethical but don’t want to pay the cost of behaving ethically.

Fill in the blank(s) with the appropriate word(s).

Business

What term is best described as the loyalty an individual feels to the organization?

a. Job satisfaction b. Organizational culture c. Employee engagement d. Organizational commitment

Business

Budgets that plan for facility expansion are known as ____________________ budgets.

Fill in the blank(s) with the appropriate word(s).

Business