A furniture and home decor store owner would like to explore the relationship between family size (number of family members) and purchase amount at his store (in hundreds of dollars). The table below summarizes the data he collected from 15 of his customers. Describe the strength and direction of correlation between the two variables based on the Pearsons correlation coefficient (r).
A furniture and home decor store owner would like to explore the relationship between family size (number of family members) and purchase amount at his store (in hundreds of dollars). The table below summarizes the data he collected from 15 of his customers. Describe the strength and direction of correlation between the two variables based on the Pearsons correlation coefficient (r).
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
A furniture and home decor store owner would like to explore the relationship between
family size (number of family members) and purchase amount at his store (in hundreds of
dollars). The table below summarizes the data he collected from 15 of his customers. Describe
the strength and direction ofcorrelation between the two variables based on the Pearsons
correlation coefficient (r).
family size (number of family members) and purchase amount at his store (in hundreds of
dollars). The table below summarizes the data he collected from 15 of his customers. Describe
the strength and direction of
correlation coefficient (r).
Transcribed Image Text:Customer Family Size Purchase
1
14
4.5
23
5.3
3.8
14
234567&SCHER;
12215
8
9
10
11
12
13
325
14
15
2
5
4
4
7
2
4
4
6
3
5
7.9
11
2.9
9.7
17
6.7
13.5
4.8
12
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