You are interested in knowing whether wealthier people are happier. You collected data from fifty people about their incomes and their overall happiness levels on a scale of 1 to 10. Upon analyzing the results, you find that the correlation coefficient has a value of -0.25. On the basis of this data, respond to the following: ● How would you interpret the correlation coefficient in terms of strength and direction?

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 2AGP
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You are interested in knowing whether wealthier people are happier. You collected data
from fifty people about their incomes and their overall happiness levels on a scale of 1
to 10. Upon analyzing the results, you find that the correlation coefficient has a value of
-0.25. On the basis of this data, respond to the following:
• How would you interpret the correlation coefficient in terms of strength and
direction?
Transcribed Image Text:You are interested in knowing whether wealthier people are happier. You collected data from fifty people about their incomes and their overall happiness levels on a scale of 1 to 10. Upon analyzing the results, you find that the correlation coefficient has a value of -0.25. On the basis of this data, respond to the following: • How would you interpret the correlation coefficient in terms of strength and direction?
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