A random sample of two variables, x and y, produced the following observations: x y 19.. 7

Question:

A random sample of two variables, x and y, produced the following observations:
x y
19………………….. 7
13………………….. 9
17………………….. 8
9…………………..11
12………………….. 9
25………………….. 6
20………………….. 7
17………………….. 8
a. Develop a scatter plot for the two variables and describe what relationship, if any, exists.
b. Compute the correlation coefficient for these sample data.
c. Test to determine whether the population correlation coefficient is negative. Use a significance level of 0.05 for the hypothesis test.
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Business Statistics A Decision Making Approach

ISBN: 9780133021844

9th Edition

Authors: David F. Groebner, Patrick W. Shannon, Phillip C. Fry

Question Posted: