Correlation coefficient helps us to know how strong is the relation between two variables. The strength of the model is a strong positive correlation.
<h3>What is the correlation coefficient?</h3>
The correlation coefficient helps us to know how strong is the relation between two variables. Its value is always between +1 to -1, where, the numerical value shows how strong is the relation between them and, the '+' or '-' sign shows whether the relationship is positive or negative.
- 1 indicates a strong positive relationship.
- -1 indicates a strong negative relationship.
- A result of zero indicates no relationship at all, therefore, independent variable.
Hence, the strength of the model is a strong positive correlation.
Learn more about Correlation Coefficients:
brainly.com/question/15353989
Answer:
120 cm^2
Step-by-step explanation:
The area of the parallelogram is
A = bh
A = 15*8
A =120
Hi, Kaylasole99! :)
11.25*28%
=$3.15
11.25-3.15
=$8.10
With taxes deducted, Henry makes $8.10 an hour.
To find how many hours he needs to work to make $324, we can create an equation:
Solve for x.
Divide both sides by 8.10.
Simplify.
It would take Henry 40 hours in order to make $324.
Hope this helps.
-Benjamin
Answer:
A bad debt ratio of more than 10% is considered high and often is a sign that you are in danger of credit overload. So, I'd $420 is the maximum amount he can spend on credit card payments and loan each month.
Step-by-step explanation:
Let's clear this with an example:
Rafael makes $4,200 a month and let's say he spends $550 on credit card payments and $450 on an loans.
Then, the ratio calculation would be $1000 / $4,200 = 0.24
Multiply that by 100 for a debt-income-ratio of 24%.
In this example, Rafael spends almost a quarter of his income on debt which is considered bad debt in economics.
