A non profit organisation held a fund raising auction The manager recorded the opening bids suggested by the auctioneer and the final winning bids for several items The amounts are listed below Opening bid 1500 500 500 400 300 Winning bid 650 175 125 275 125 Is there sufficient evidence to conclude that there is a linear correlation between the opening and winning bids (Use the formula to manually calculate r)

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A non-profit organisation held a fund-raising auction. The manager recorded the opening bids suggested by the auctioneer and the final winning bids for several items.

The amounts are listed below:

Opening bid	1500	500	500	400	300
Winning bid	650	175	125	275	125

Is there sufficient evidence to conclude that there is a linear correlation between the opening and winning bids? (Use the formula to manually calculate r).

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