Pierre and Michelle are two journalists who each write columns advising readers on which wines offer good value for the money. They each taste
Pierre and Michelle are two journalists who each write columns advising readers on which wines offer good value for the money. They each taste a number of wines and then estimate the retail prices for each corresponding bottle of wine. Their estimates are shown in the table below: Wine A 7 Pierre's estimates ($) Michelle's estimates (S) 9 B 3 C D 25 50 19 20 25 E 2 Briefly interpret the meaning of your results. 9 F 5 10 G 17 4 H I 80 12 26 Enter the above data into SPSS and answer the following questions: What is the correlation coefficient between Pierre and Michelle's estimates? 60
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