Why might that affect the overall correlation?

Why might that affect the overall correlation?
June 26, 2020 Comments Off on Why might that affect the overall correlation? Uncategorized Assignment-help
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You are interested in knowing whether wealthier people are happier. You collected data from fifty people about their incomes and their overall happiness levels on a scale of 1 to 10. Upon analyzing the results, you find that the correlation coefficient has a value of −0.25. On the basis of this data, respond to the following:How would you interpret the Why might that affect the overall correlation?correlation coefficient in terms of strength and direction?How would the results be affected if you increased the number of subjects in the study to one thousand? Why might that affect the overall correlation?How important is it to randomly select subjects?