Is it reliable?
Let's think for a minute about a different question:
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If I were to repeat the experiment, how similar would the results be?
Go to the Matlab script CorrelationSim.m
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Select Section 2 and run this section
You have just generated a population of data pairs (x,y) or (attractiveness, trustworthiness)
with true correlation coefficient ρ = 0.21
Now we are going to draw lots of samples of size n from that population and work out
the sample correlation coefficient r in each sample
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Select and run Section 3 of CorrelationSim.m
You should have a figure containing a histogram of the sample correlation coefficients for
each of the 10000 samples.
?
So - given that the true correlation ρ = 0.21, you can observe quite a range of sample correlation
coefficients.
What do you think you could change to get a narrower range?
?
You could increase the number of subjects in each sample.
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