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Use the following information to answer the next five exercises. A random sample of ten professional athletes produced the following data where xis the number of endorsements the player has and yis the amount of money made (in millions of dollars)

xyxy
02512
3849
2739
1303
513410

.When n=2andr=1,are the data significant? Explain

Short Answer

Expert verified

When n=2andr=1the given data is not significant

Step by step solution

01

Step-1  Given Information

Given in the question that, a random sample of ten professional athletes produced the following data wherexthe the number of endorsements the player has and yis the amount of money paid.

02

Step-2 Explanation

Where nis thenumber of pairs of data and ris the correlation coefficient. There are a few data points are available as n=2, therefore the provided data is not significant.

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