Below are the data used to construct the time series plots in the previous exercise. Calculate the
Question:
Below are the data used to construct the time series plots in the previous exercise. Calculate the value of the correlation coefficient for the amount spent on science, space, and technology and the amount spent on pets. Explain how this value is consistent with your answer to the previous exercise.
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Amount Spent on Science, Space, and Technology (millions of dollars) Amount Spent on Pets (billions of Year dollars) 2000 18,594 39.7 2001 19,753 20,734 20,831 23,029 41.9 2002 44.6 2003 48.8 2004 49.8 2005 23,597 23,584 53.1 2006 56.9 2007 25,525 27,731 61.8 2008 65.7 2009 29,449 67.1
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Related Book For
Introduction To Statistics And Data Analysis
ISBN: 9781337793612
6th Edition
Authors: Roxy Peck, Chris Olsen, Tom Short
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