. Compute the value of correlation coefficient. Interpret your finding.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Question
![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](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F655e5d67-ab19-404c-b883-3aa3c693f6a1%2Ff1485995-aef9-44ab-9071-186ea84ba99d%2F8v4u34c_processed.png&w=3840&q=75)
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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