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
The probability that the sum of the dice is 7 is 1/2 because there are only three combinations that result in the sum of 7: (1,6)(2,5) and (3,4). But there are 6 possible outcomes( this is if you don’t add reverse combinations such as 1,6 and 6,1) so the probability would be 3/6 or 1/2
Answer: 250 cameras; $10,000 spent; 15,000 made
Step-by-step explanation:
1) FInd the profit. 60-40=20. This means that they make a profit of $20 per camera.
2) How many cameras to break even? 5000/20=250. The answer is 250 cameras!
3) How much money has been spent? 40x250= $10000 spent.
4) How much money has been made? 60x250= $15000 made.
<em>Hope this helps!</em>
Answer:
0.625
Step-by-step explanation:
