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17 Nov 2021
Given information
Homicide rates and population of White males:
Step-by-step explanation
Step 1.
The correlation coefficient, or Pearson product-moment correlation coefficient (PMCC) is a numerical value which lies between and and expresses the strength of linear relationship between two variables. When is closer to , indicates a strong positive relationship. Value of indicates that there is no relationship. Values close to defines a strong negative relationship between the two variables.
Simple linear regression is a way to describe a relationship between two variables through an equation of a straight line.
By using the following formula we derive the equation for the line of best fit:
Here,
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