Economics: Stocks As an economics class project, Imani studied a random sample of 14 stocks. For each of these stocks, she found the cost per share (in dollars)

and ranked each of the stocks according to cost. After 3 months, she found the earnings per share for each stock (in dollars). Again, Imani ranked each of the stocks according to earnings. The way Imani ranked, higher ranks mean higher cost and higher earnings.

The results follow, where x is the rank in cost and y is the rank in earnings.

Stock 1 2 3 4 5 6 7 8 9 10 11 12 13 14 x rank 5 2 4 7 11 8 12 3 13 14 10 1 9 6 y rank 5 13 1 10 7 3 14 6 4 12 8 2 11 9 Using a 0.01 level of significance, test the claim that there is a monotone relation, either way, between the ranks of cost and earnings.

AppendixLO1