Note: Your teacher will grade your responses to the follow questions to ensure you receive proper credit for your answers.
You use a line of best fit for a set of data to make a prediction about an unknown value. The correlation coefficient for your data set is Negative 0 point 833. Can you be confident that your predicted value will be reasonably close to the actual value? Why or why not?
(2 points)
No, we cannot be confident that the predicted value will be reasonably close to the actual value. A correlation coefficient of -0.833 indicates a moderate negative correlation between the variables. This means that as one variable increases, the other decreases. However, the strength of this correlation is relatively weak. Thus, the line of best fit may not accurately represent the relationship between the variables and may not accurately predict the unknown value.
