Part 1 question: A researcher collected some information from a group of 100 students in a Statistics class last semester. Two variables were collected, a student’s GPA and the student’s annual income...

Part 1 question: A researcher collected some information from a group of 100 students in a Statistics class last semester. Two variables were collected, a student’s GPA and the student’s annual income after graduation. (a) What can we expect the LCC to be? Positive or negative? (b) Can we assume based on the LLC value that one variable depends on the value of the other? If so, which variable is the dependent? Explain.

part 2 question: Let’s assume hypothetically the LCC from the problem above is 0.93. (a) What would be the coefficient of determination for this sample? (b) What does that value represent? Write a sentence to explain it. (c) Find one particular example, find the two variables, where the coefficient of determination is very low, or close to zero, what would that mean with respect to the two variables?