. Compute the value of correlation coefficient. Interpret your finding.

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
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Chapter1: Starting With Matlab
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7. A real estate agent believes that the monthly rents of houses depend on the size of the houses.
A sample of seven houses is a residential area was selected and the information gathered is
shown in table below. Compute the value of correlation coefficient. Interpret your finding.
Monthly rent (RM '00),
y
Size ('00 square feet),
X
12.11
10.61
16.07 9.41 15.06 17.08 9.14
14.12
8.16
12.09
14.91
7.17
16.13
11.15
Transcribed Image Text:7. A real estate agent believes that the monthly rents of houses depend on the size of the houses. A sample of seven houses is a residential area was selected and the information gathered is shown in table below. Compute the value of correlation coefficient. Interpret your finding. Monthly rent (RM '00), y Size ('00 square feet), X 12.11 10.61 16.07 9.41 15.06 17.08 9.14 14.12 8.16 12.09 14.91 7.17 16.13 11.15
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