Find the average rate of change for the f(x) = 7(1.02)^x for x = 3 to x = 5.
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Answer:
The unexplained variance would be 100-90.25 % = 9.75. And that correspond to the percentage of the dependent variable in the correlation is due purely to chance
Step-by-step explanation:
Previous concepts
Pearson correlation coefficient(r), "measures a linear dependence between two variables (x and y). Its a parametric correlation test because it depends to the distribution of the data. And other assumption is that the variables x and y needs to follow a normal distribution".
In order to calculate the correlation coefficient we can use this formula:
On this case we got that r =-0.95
In order to find the % of variance explained by the model we need to calculate the determination coefficient given by:
And that means this : "90.25% of the variation of y is explained by the variation in x"
So then the unexplained variance would be 100-90.25 % = 9.75. And that correspond to the percentage of the dependent variable in the correlation is due purely to chance