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Princessklo82 Princessklo82
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Assuming that other factors are constant, a correlation of r = 0.95 will result in more accurate predictions than a correlation of r = +0.70.
 
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Question 2

If the standard deviation for a population increases, the standard error for sample means from the population will also increase.
 
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Question 3

Whenever a correlation is computed from scores that do not represent the full range of possible values, one is working with a restricted range and caution should be used when interpreting the correlation.
 
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Question 4

The law of large numbers states that the larger the sample size (n), the more probable it is that the sample mean will be close to the population mean..
 
  Indicate whether the statement is true or false
Textbook 
Business Statistics

Business Statistics


Edition: 2nd
Author:
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bcspearsbcspears
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6 years ago
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Princessklo82 Author
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6 years ago
Thank you, thank you, thank you!
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