Chat with us, powered by LiveChat STA 3026 Assignment 4- Week 4: Correlation The objectives of this - Writeedu

STA 3026 Assignment 4- Week 4: Correlation The objectives of this

STA 3026 Assignment 4- Week 4: Correlation The objectives of this assignment are to help you: Demonstrate understanding of correlation terminology and its interpretation. Demonstrate how to calculate correlation between two groups of data Calculate confidence intervals Make quantitative predictions based on linear regression Construct graphs In this assignment, you will demonstrate your knowledge of the terms and concepts in Chapter 10 and other previously learned concepts of Even You Can Learn Statistics (EYCLS). Please answer the questions in this file, in the marked boxes. Be sure to follow these guidelines: 1. Use the concepts from the textbook and notes. 2. Use the Excel calculator for the confidence intervals to construct the intervals for this assignment. 3. In the essay questions, make sure to be clear and thorough. Your answers should be at least 1 paragraph, with 5 complete sentences. 4. Name your file (last name)A4 Please answer all the questions. 6 Point values are listed for each question. Deductions as follow: -1 point for incomplete/partly correct answers -2 points for incorrect answers All the points the question is worth will be deducted for blank answers.  ASSIGNMENT 4 – CORRELATION and CONFIDENCE INTERVALS [Overtype your name in this cell] A study about the effect of music on human intelligence sponsored by Musicthatmakesyoudumb.com revealed the following: This study was a random sample of schools’ radio station ‘Top 10′ list and the schools’ average SAT scores.  Music Genre Alternative Classic Rock Emo Hip Hop Jazz Number of Schools that have this Genre in their top 10 list 1,679 809 12 10 36 Average SAT Score 1,152 1,162 1,095 1,104 1,142 1,174 1,097 1,082 1,238 1,113 1,160  Indie 425 Christian 25 Metal 30 Misc 147 Pop 332 Rock 1,881   Source: http://musicthatmakesyoudumb.virgil.gr/music.php Count how many music genres there are. Calculate the Mean (Average) SAT Score. In your own words, define Standard Deviation. 2pts 5) In your own words define Statistical Significance (alpha α). 2pts  1) 2) 3) 2pts 2pts  4C) alculate the Standard Deviation for SAT scores.  Given a 95% Level of confidence, what is 2pts the Level of Significance (alpha)?  6) 7) 8)Calculate the Margin of Error (E) for SAT scores W9)hat is the Upper Limit of the Confidence Interval What is the Lower Limit of the Confidence Interval  In your own words define Confidence Intervals. (2pts)  10) 11) 2pts 2pts 2pts  In your own words define the Correlation Coefficient (3pts)  12) 13) Calculate the correlation coefficient R = 3pts  Calculate the regression sum of squares R2 3pts   14) Based on your calculation of the correlation coefficient what can you conclude? (4pts)  You have been asked by the CEO of your company to develop a measurement to optimize the company’s web site based on the following information. Be sure to do the calculations for all three columns of data.  Traffic in Number of Visits per Month 22,314 February 26,789 Monthly Revenue 243,898 298,761 389,657 546,792 675,982 786,455 897,645 989,732 Monthly Cost per Visit 0.38 0.24 0.21 0.19 0.13 0.11 0.09 0.06  January  March April May June July August Calculate n = Calculate the Mean = 36,751 48,301 51,329 57,634 63,498 69,045  15) 3pts 3pts 3pts 3pts 3pts 3pts 3pts 3pts 3pts  16) C17a)lculate the Standard Deviation =  18) Given a 95% Level of confidence, what is the Level of Significance (alpha)?   19)  Calculate the Margin of Error   20)  Calculate the Upper Limit   21)  Calculate the Lower Limit   22)  Calculate the correlation coefficient between Traffic in Visits per Month and Monthly Revenue   23) Calculate the correlation coefficient between Visitors per Month and Monthly Cost per Visitor  Traffic in   24) Graph a Scatterplot comparing Monthly Revenue to Visitor Traffic. 4pts  25) Graph a Scatterplot comparing Traffic in Visitors per Month to Cost per Vi4spitt.s    26)  Based on your calculations, which one has a positive relationship? Explain. (5pts)   27)  Based on your calculations, would you predict revenue to rise or fall? Explain. (5pts)   28)  A researcher states that a sequel to a successful movie will also be a success. Explain why this correlation is correct. (5pts)   29)  A researcher states that games with high levels of difficulty discourage players. Why is this correlation inaccurate? (5pts)   30)  A publication states that fireworks in a concert increase revenue. Is this a reasonable correlation? Why or why not? (6pts)   31)  A study reveals that games inhibit critical thinking. Is this a reasonable correlation? Why or why not? (6pts)

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