By using a scatter plot we can get the relationship of two variables or correlation.
There will be two types of correlation.
If the data of the plot show a positive slope of the estimated line then it will be a positive correlation.
Now a correlation value lie between 0 to 1 if it is very close to 0 like 0.1 , 0.2 then we can say the correlation is weak psitively correlated. and if it will be close to 1 like 0.8 or 0.9 then the correlation will be strong.
Similarly if slope of the estimated line will be negative then it will be a negative correlation.
From the above scatter plot notice that it has a negative slope and we can draw a fair estimate line on this scatter plot. So, there is strong negative correlation.
Hence the correct choice is -0.8.
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Answer:
The probability that Joe's stock will go up and he will win in the lottery is 0.00005.
Step-by-step explanation:
Let the events be denoted as:
<em>X</em> = the stock goes up
<em>Y</em> = Joe wins the lottery
Given:
P (X) = 0.50
P (Y) = 0.0001
The events of the stock going up is not dependent on the the event of Joe winning the lottery.
So the events <em>X</em> and <em>Y</em> are independent of each other.
Independent events are those events that can occur together at the same time.
The joint probability of two independent events <em>A</em> and <em>B </em>is,

Compute the value of P (<em>X ∩ Y</em>) as follows:

Thus, the probability that Joe's stock will go up and he will win in the lottery is 0.00005.
Another way is to note that there are <span><span>(<span>104</span>)</span><span>(<span>104</span>)</span></span> (“10 choose 4”) ways to select 4 balls from a collection of 10. If 4 of those 10 balls are “special” in some way (in this case, “special” = “red”), then the number of ways to choose 4 special balls is <span><span>(<span>44</span>)</span><span>(<span>44</span>)</span></span>. (The factor of <span><span>(<span>60</span>)</span><span>(<span>60</span>)</span></span> is included to convey that, after choosing 4 special balls, we choose none of the 6 non-special balls.) This line of reasoning gives the second expression.
Answer:
£13.5
£40.5
Step-by-step explanation:
Let the amount of shares be x and 3x
Therefore,
