=+14. An employee of an auction house has a list of 25 recently sold paintings. Eight artists
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=+14. An employee of an auction house has a list of 25 recently sold paintings. Eight artists were represented in these sales. The sale price of each painting is on the list. Would the correlation coefficient be an appropriate way to summarize the relationship between artist (x) and sale price (y)?
Why or why not?
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Related Book For 
Applied Statistics For Engineers And Scientists
ISBN: 9781133111368
3rd Edition
Authors: Jay L. Devore, Nicholas R. Farnum, Jimmy A. Doi
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