A research study has stated that the income earned by working individuals is correlated at a .64 value with the years of experience of the individual. Given this, the points of the scatter plot would fall on an inclined straight line that has a slope equal to .64.

Question

Quizplus · Accepted Answer

A correlation coefficient of .64 indicates a positive relationship between income and years of experience, but it does not define the slope of the line in a scatter plot. The slope is determined by regression analysis, not directly by the correlation coefficient.

A Research Study Has Stated That the Income Earned by Working