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Chapter 12: Q.27 (page 716)

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
5134
10

Whenn=100and r=-0.89, is there a significant correlation? Explain.

Short Answer

Expert verified

When n=100andr=-0.89there will exist a strong correlation between the given data set.

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 wherex is the the number of endorsements the player has and y is the amount of money paid.

02

Step-2 Explanation

The data points are very large asn=100andr=-0.89, therefore it can be surely said that there exists a strong correlation between the given data set.

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