FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The owner of Reliable Furniturestudiedg the relationship between sales (y) and the amount spent on advertising (x). A random sample of 3 homes gives the

The owner of Reliable Furniturestudiedg the relationship between sales (y) and the amount spent on advertising (x).

A random sample of 3 homes gives the following information.

(x1) = 14,(y1) = 22,x2= 24,y2= 15,x3= 33 , y3=20

The correlation cofficient is equal to(answer to three decimal places)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Construction accounting and financial management

Construction accounting and financial management

Authors: Steven j. Peterson

2nd Edition

135017114, 978-0135017111

Students also viewed these Mathematics questions

Question

★★★★★
At the beginning of 2011, a parent company sold a patent, carried on its books at $4,000,000, to its subsidiary for $3,000,000. The patent had a remaining life of five years and straight-line...

Answered: 1 week ago

Question

★★★★★
When is a PPE asset considered to be impaired? How is the impairment loss determined?

Answered: 1 week ago

Question

★★★★★
2 What do you perceive as key challenges in multi-stakeholder contracting in team coaching?

Answered: 1 week ago

Question

★★★★★
Selected data taken from the accounting records of Ginis Inc. for the current year ended December 31 are as follows: During the current year, the cost of merchandise sold was $1,031,550, and the...

Answered: 1 week ago

Question

★★★★★
Vulcan Flyovers Operating Data For the Month Ended July 31 Actual Results Flexible Budget Planning Budget Flights ( q ) 57 57 55 Revenue ($360.00 q ) $ 16,200 $ 20,520 $ 19,800 Expenses: Wages and...

Answered: 1 week ago

Question

★★★★★
10:54 l 4G ( Inventory Costing methods.docx .. Date Activities Units Acquired at cost Units sold at Retail Jan. I Beginning Inventory 600 units @ $44/Unit Feb. 10 Purchase 200 units @ S40'unit Mar....

Answered: 1 week ago

Question

★★★★★
1.) Explain what is meant by oppressive conduct. 2.) Discuss any two (2) remedies for oppression under s 233 of the Corporations Act 2001 3. What obligations do financial service providers have in...

Answered: 1 week ago

Question

★★★★★
1. What is the jury foreman? What is their responsibility? 2. How would you explain reasonable and probable grounds? 3. Who is not eligible to sit on a jury? What do you feel is the reason for this?...

Answered: 1 week ago

Question

★★★★★
1. A detector is placed on a screen onto which a bright red spot is observed. In calculation of the numerical aperture of the fiber, the diameter of the bright spot (W) and the distance of the...

Answered: 1 week ago

Question

★★★★★
1. What is revealed about human nature (from Genesis 1-2)? 2. What are the consequences of the fall for human nature (from Genesis 3)? 3. What is revealed about human purpose? What does it mean for...

Answered: 1 week ago

Question

★★★★★
When a 0.051M aqueous solution of a certain acid is prepared, the acid is 2.7% dissociated. Calculate the acid dissociation constant Ka of the acid. Round your answer to 2 significant digits.

Answered: 1 week ago

Question

★★★★★
A tomb formed from large vertical and horizontal stones is known as a totem. Group of answer choices True False

Answered: 1 week ago

Previous Question Next Question