The paired values of the Consumer Price Index (CPI) and the cost of subway fare from Table
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The paired values of the Consumer Price Index (CPI) and the cost of subway fare from Table 10-1 in the Chapter Problem are listed below. Is there a linear correlation between the CPI and subway fare?
Construct a scatterplot, find the value of the linear correlation coefficient r, and find the critical values of r from Table A-6 using ? = 0.05. Determine whether there is sufficient evidence to support a claim of a linear correlation between the two variables. (Save your work because the same data sets will be used in Section 10-3 exercises.)
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