Question
Studies have shown that the frequency with which shoppers browse Internet retailers is related to the frequency with which they actually purchase products and/or services
Studies have shown that the frequency with which shoppers browse Internet retailers is related to the frequency with which they actually purchase products and/or services online.The following data show respondents age and answer to the question "How many minutes do you browse online retailers per week?"
Age (X) Time (Y)
11 1851
12 984
12 841
14 1063
14 883
14 1044
15 985
18 902
19 1040
20 918
20 976
22 728
26 859
28 960
28 893
30 709
30 786
42 463
43 560
43 791
45 591
47 440
49 258
49 250
50 480
51 919
52 262
53 184
53 231
54 246
55 205
59 163
64 300
11) Use Data > Data Analysis > Correlation to compute the correlation checking the Labels checkbox.
12) Use the Excel function =CORREL to compute the correlation. If answers for #1 and 2 do not agree, there is an error.
The strength of the correlation motivates further examination.
13) a)Insert Scatter (X, Y) plot linked to the data on this sheet with Age on the horizontal (X) axis.
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