The following data are the claims (in $ millions) for BlueCross BlueShield benefits for nine states, along

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The following data are the claims (in $ millions) for BlueCross BlueShield benefits for nine states, along with the surplus (in $ millions) that the company had in assets in those states.

Use the data to compute a correlation coefficient, r, to determine the correlation between claims and surplus.

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Business Statistics For Contemporary Decision Making

ISBN: 409

8th Edition

Authors: Black Ken

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Question Posted: Feb 19, 2015 09:18 AM

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The following data are the claims (in $ millions) for BlueCross BlueShield benefits for nine states, along

Question:

State Claims Surplus Alabama Colorado Florida Illinois Maine Montana North Dakota Oklahoma Texas $1,425 273 915 1,687 234 142 259 258 894 $277 100 120 259 40 25 57 31 141

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S x 6087 S x 2 6796149 S y 1050 S y 2 194526 S xy 1...View the full answer

Business Statistics For Contemporary Decision Making

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