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The marketing manager of a large supermarket chain would like to use shelf space to predict the sales of pet food.For a random sample of
The marketing manager of a large supermarket chain would like to use shelf space to predict the sales of pet food.For a random sample of 12 similar stores, she gathered the following information regarding the shelf space, in feet, devoted to pet food and the weekly sales in hundreds of dollars..
Store | 1 | 2 | 3 | 4 | 5 | 6 |
Shelf Space | 5 | 5 | 5 | 10 | 10 | 10 |
Weekly Sales | 1.6 | 2.2 | 1.4 | 1.9 | 2.4 | 2.6 |
Store | 7 | 8 | 9 | 10 | 11 | 12 |
Shelf Space | 15 | 15 | 15 | 20 | 20 | 20 |
Weekly Sales | 2.3 | 2.7 | 2.8 | 2.6 | 2.9 | 3.1 |
Compute the value of the sample correlation coefficient between weekly sales and shelf space.
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