In an effort to determine whether any correlation exists between the price of stocks of airlines, an

Question:

In an effort to determine whether any correlation exists between the price of stocks of airlines, an analyst sampled six days of activity of the stock market. Using the following prices of Delta stock and Southwest stock, compute the coefficient of correlation. Stock prices have been rounded off to the nearest tenth for ease of computation.

Delta Southwest

47.6 ...........15.1

46.3 ...........15.4

50.6 ...........15.9

52.6 ...........15.6

52.4 ...........16.4

52.7...........18.1

Stocks
Stocks or shares are generally equity instruments that provide the largest source of raising funds in any public or private listed company's. The instruments are issued on a stock exchange from where a large number of general public who are willing...