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
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
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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
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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