Answer:
-3/4
Step-by-step explanation:
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Answer:
here
Step-by-step explanation:
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Answer:
Mustafa's pretax income is $59,808.
Step-by-step explanation:
Given in the question Mustafa's annual salary = $67,200
and Mustafa contribute 11% of his salary to his 401 k plan.
Since we know that 401 k plan is a retirement plan in which an employee gets the exemption from his salary on a pretax basis.
Therefore exemption will be = 11% of $67,200
= 67,200×0.11
= $7,392
Now pretax income or taxable income = 67,200-7,392 = $59,808
Therefore pretax income of Mustafa is $59,808.
Answer:
a) strong negative linear correlation.
b) Weak or no linear correlation.
c) strong positive linear correlation.
Step-by-step explanation:
The correlation coefficient r measures the strength and direction (positive or negative) of two variables. The correlation coefficient r is always between -1 and 1. When the coefficient r is negative then the direction of the correlation is downhill (negative) and when it's positive then it's an uphill correlation (positive). Similarly, as the coefficient is closer to -1 or 1 the correlation is stronger, with zero being a non linear relationship.
Now back to the question:
a) Near -1: as we said before, this means an strong negative (-1) linear correlation.
b) Near 0: weak or no linear correlation (we cannot say if its positive or negative because we don't know it it's near zero from the right (positive numbers) or the left (negative numbers)
c) Near 1: strong positive (close to +1) linear correlation