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How strong is the correlation between the inflation rate and 30-year treasury yields? The following data published by Fuji Securities are given as pairs of

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How strong is the correlation between the inflation rate and 30-year treasury yields? The following data published by Fuji Securities are given as pairs of inflation rates and treasury yields for selected years over a 35-year period. 30-Year Treasure Yield Inflation Rate 1.57% 3.06% 2.23 3.93 2.15 4.68 4.53 6.57 7.25 8.27 9.25 11.95 5.00 10.27 4,62 8.45 Compute the Pearson product moment correlation coefficient to determine the strength of the correlation between these two variables. Comment on the strength and direction of the correlation (Round the intermediate values to 4 decimal places. Round your answer to 3 decimal places) 2.15 4.68 4.53 6.57 7.25 8.27 9.25 11.95 5.00 10.27 4.62 8.45 Compute the Pearson product-moment correlation coefficient to determine the strength of the correlation between these two variables. Comment on the strength and direction of the correlation (Round the intermediate values to 4 decimal places, Round your answer to 3 decimal places) between the inflation rate and the thirty year treasury vield. There is strong negative relationship eTexttv strong positive relationship

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