Answer the following. Carry your intermediate computations to at least four decimal places, and round your answer as specified below. What is the value of the sample correlation coefficient for these data? Round your answer to at least three decimal places. For major league baseball teams, is there a relationship between player payrolls and gate money? Here are data for each of the National League teams for theyear 2000. The variable x denotes the 2000 player payroll (in millions of dollars), and the variable y denotes the mean attendance (in thousands of fans) for the81 home games that year. The data are plotted in the Figure 1 scatter plot. Also given are the products of the player payroll values and mean attendance valuesfor each of the sixteen teams. (These products, written in the column labelled "xy," may aid in calculations.)Player payrolI, xMean(in $1,000,000 attendance, y(in thousands)хуs)Arizona87.034.813028.47Atlanta94.539.883768.6645-Chicago Cubs65.334.442248.93240-Cincinnati52.631.851675.3135+Colorado64.840.742639.95230+Florida30.915.06465.354Houston58.337.782202.57425+Los AngelesMilwaukee105.037.163901.820-41.519.38804.2715+Montreal39.511.48453.4610+New York Mets99.834.813474.038Philadelphia53.919.881071.532Pittsburgh36.321.60784.0810020406080120140San Diego64.129.881915.308Figure 1San Francisco59.640.992443.004St Louis80.741.233327.261Send data to calculatorSend data to Excel

Name: Answer the following. Carry your intermediate computations to at least
Uploaded: 2024-03-20T07:06:16.000Z
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Description: Answer the following. Carry your intermediate computations to at least four decimal places, and round your answer as specified below. What is the value of the sample correlation coefficient for these data? Round your answer to at least three decimal