Statistics 2 Chapter 1 Regression, Correlation and Hypothesis Testing NOT DONE

Question 1

If y = ax^n for constants an and n then what is log y equal to?

Answer 1

Log y = log a + nlog x

Question 2

If y = kb^x for constants k and b then what is log y equal to?

Answer 2

Log y = log k + x log b

Question 3

What is the product moment correlation coefficient (r)?

Answer 3

The product moment correlation coefficient describes the linear correlation between two variables. It can take values between -1 and 1