An article gave the following data on median worker pay (in thousands of dollars) and the 1-year percent change in stock price for the 13 highes paying companies in the United States. Company Company 1 Company 2 Company 3 Company 4 Median Worker Pay 134.7 132.2 125.0 122.8 Percent Change in Stock Price 21.8 92.4 33.7 52.4

MATLAB: An Introduction with Applications
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Chapter1: Starting With Matlab
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An article gave the following data on median worker pay (in thousands of dollars) and the 1-year percent change in stock price for the 13 highest
paying companies in the United States.
Company
Company 1
Company 2
Company 3
Company 4
Company 5
Company 6
Company 7
Company 8
Company 9
Company 10
Company 11
Company 12
Company 13
- 20
-40
Percent Change
in Stock Price
Median
Worker Pay
80
60
40
20
134.7
-20
-40
132.2
125.0
122.8
122.5
121.2
121.2
119.0
118.0
(a) Construct a scatterplot for these data.
Percent Change
118.0
117.6
117.4
115.1
Percent Change
in Stock Price
21.8
115 120 125 130 135 140
92.4
33.7
52.4
41.8
in Stock Price
80
M
60
40
20
115 120 125 130 135 140
2.7
5.1
30.0
7.8
37.2
15.7
22.1
-44.8
Median
Worker
Pay
Median
Worker
Pay
O
Percent Change
in Stock Price
80
60
40
20
- 20
-40
Percent Change
in Stock Price
80
60
40
20
115 120 125 130 135 140
- 20
-40
115 120 125 130 135 140
(b) Calculate the value of the correlation coefficient. (Round your answer to four decimal places.)
Median
Worker
Pay
Median
Worker
Pay
↑
Transcribed Image Text:An article gave the following data on median worker pay (in thousands of dollars) and the 1-year percent change in stock price for the 13 highest paying companies in the United States. Company Company 1 Company 2 Company 3 Company 4 Company 5 Company 6 Company 7 Company 8 Company 9 Company 10 Company 11 Company 12 Company 13 - 20 -40 Percent Change in Stock Price Median Worker Pay 80 60 40 20 134.7 -20 -40 132.2 125.0 122.8 122.5 121.2 121.2 119.0 118.0 (a) Construct a scatterplot for these data. Percent Change 118.0 117.6 117.4 115.1 Percent Change in Stock Price 21.8 115 120 125 130 135 140 92.4 33.7 52.4 41.8 in Stock Price 80 M 60 40 20 115 120 125 130 135 140 2.7 5.1 30.0 7.8 37.2 15.7 22.1 -44.8 Median Worker Pay Median Worker Pay O Percent Change in Stock Price 80 60 40 20 - 20 -40 Percent Change in Stock Price 80 60 40 20 115 120 125 130 135 140 - 20 -40 115 120 125 130 135 140 (b) Calculate the value of the correlation coefficient. (Round your answer to four decimal places.) Median Worker Pay Median Worker Pay ↑
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