Question

Short Answer

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)

Answer 1

[AI-generated answer — Bot GPT 3.5]

No, you cannot be confident that your predicted value will be reasonably close to the actual value. A correlation coefficient of -0.833 indicates a strong negative linear relationship between the variables in the data set. However, it does not guarantee that the predicted value will be close to the actual value. The line of best fit represents the average relationship between the variables and does not account for possible outliers or other factors that may affect the accuracy of the prediction.