Assume that you have been provided the following information for a sample of cars The covariance between weight and miles per gallon is equal to -4.1 pound-miles. The standard deviation of the cars' mileages is 7.20. The standard deviation of the cars' weights is 0.73. Estimate the correlation coefficient to the first decimal place.
Assume that you have been provided the following information for a sample of cars The covariance between weight and miles per gallon is equal to -4.1 pound-miles. The standard deviation of the cars' mileages is 7.20. The standard deviation of the cars' weights is 0.73. Estimate the correlation coefficient to the first decimal place.
Big Ideas Math A Bridge To Success Algebra 1: Student Edition 2015
1st Edition
ISBN:9781680331141
Author:HOUGHTON MIFFLIN HARCOURT
Publisher:HOUGHTON MIFFLIN HARCOURT
Chapter11: Data Analysis And Displays
Section: Chapter Questions
Problem 5CR
Related questions
Question
Assume that you have been provided the following information for a sample of cars
The
The standard deviation of the cars' mileages is 7.20.
The standard deviation of the cars' weights is 0.73.
Estimate the
Expert Solution
Step 1: Determine the given data
The two variables of interest are: "miles per gallon" and "weight".
The sample covariance (as the given data involves a sample of cars) is given as:
The sample standard deviation for the mileage,
And the sample standard deviation for weight,
Step by step
Solved in 3 steps
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