A local store kept track of the number of advertisements it placed in local newspapers and the number of stereo systems it sold each week. Week 1 2 3 4 5 6 7 8 Advertisements, x 7 5 4 2 8 5 5 3 Stereos Sold, y 23 15 12 8 2 7 9 6 a) Create a scatter plot for the data showing Advertisements Vs. Stereos Sold. b) Determine the value of r, the correlation coefficient for the set of data and classify the type of correlation. c) What does this correlation coefficient suggest about the effectiveness of the advertisements? Explain

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
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Chapter1: Starting With Matlab
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A local store kept track of the number of advertisements it placed in local newspapers and the number of stereo systems
it sold each week. Week 1 2 3 4 5 6 7 8 Advertisements, x 7 5 4 2 8 5 5 3 Stereos Sold, y 23 15 12 8 2 7 9 6 a) Create a
scatter plot for the data showing Advertisements Vs. Stereos Sold. b) Determine the value of r, the correlation coefficient
for the set of data and classify the type of correlation. c) What does this correlation coefficient suggest about the
effectiveness of the advertisements? Explain
Transcribed Image Text:A local store kept track of the number of advertisements it placed in local newspapers and the number of stereo systems it sold each week. Week 1 2 3 4 5 6 7 8 Advertisements, x 7 5 4 2 8 5 5 3 Stereos Sold, y 23 15 12 8 2 7 9 6 a) Create a scatter plot for the data showing Advertisements Vs. Stereos Sold. b) Determine the value of r, the correlation coefficient for the set of data and classify the type of correlation. c) What does this correlation coefficient suggest about the effectiveness of the advertisements? Explain
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