Question 20 (4 marks) The asking prices (in Rands) and the actual selling prices (in Rands), after bargaining, of 8 commodities are given below. Commodity A C D F H. Asking price, x 150 350 400 750 100 650 600 250 Selling price, y 120 200 400 550 80 450 350 200 Find the correlation coefficient for the above data. A. 0.8224 B. 0.3722 C. 0.9438 D. 0.5318 E.

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Question 20
(4 marks)
The asking prices (in Rands) and the actual selling prices (in Rands), after bargaining, of 8
commodities are given below.
Commodity
A
B
C
D
G
H
Asking price, x
150
350
400
750
100
650
600
250
Selling price, y
120
200
400
550
80
450
350
200
Find the correlation coefficient for the above data.
A. 0.8224
B. 0.3722
C. 0.9438
D. 0.5318
(?
ENG
A @ D 40 INTL 2021/11/18
11:02
25°C
10
4+
"prt sc
delete
home
end
7
+ backspace
num
lock
Y
U
{
}
Transcribed Image Text:Elvanced%20Business%20Statistics%20Main%20question%20paper%20(A).pdf aper (A).pdf 11 / 23 93% Question 20 (4 marks) The asking prices (in Rands) and the actual selling prices (in Rands), after bargaining, of 8 commodities are given below. Commodity A B C D G H Asking price, x 150 350 400 750 100 650 600 250 Selling price, y 120 200 400 550 80 450 350 200 Find the correlation coefficient for the above data. A. 0.8224 B. 0.3722 C. 0.9438 D. 0.5318 (? ENG A @ D 40 INTL 2021/11/18 11:02 25°C 10 4+ "prt sc delete home end 7 + backspace num lock Y U { }
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