7. A company wanted to assess the impact of R and D expenditure (x) on annual profit (y) following table presents data for past 8 years. 9. 7 5 10 4 3 X: y. 45 42 41 60 30 34 25 20 Compute the correlation co-efficient. Comment on the value.

A First Course in Probability (10th Edition)
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7. A company wanted to assess the impact of R and D expenditure (x) on annual profit (v)
following table presents data for past 8 years.
X:
7
5
10
4
5
3
y:
45
42
41
60
30
34
25
Compute the correlation co-efficient. Comment on the value.
20
Transcribed Image Text:7. A company wanted to assess the impact of R and D expenditure (x) on annual profit (v) following table presents data for past 8 years. X: 7 5 10 4 5 3 y: 45 42 41 60 30 34 25 Compute the correlation co-efficient. Comment on the value. 20
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