Sheena obtains cash from an ATM machine. She suspects that the rate at which she spends the cash is affected by the amount of cash she withdrew at her previous visit to an ATM. To investigate this she deliberately varies the amount she withdraws. She records for her each visit to an ATM, the amount "x"(in $) withdrawn and the number of hours "y" until her next visit to an ATM. Withdrawal 1 2 3 4 5 6 X y 78 9 10 40 10 100 110 120 150 2090 80 130 5662 195 33094 27048 196214286 Observe the correlation coefficient value obtained, and comment on the strength of the relationship between the variables.

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Author:Amos Gilat
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Sheena obtains cash from an ATM machine. She suspects that the rate at
which she spends the cash is affected by the amount of cash she withdrew
at her previous visit to an ATM. To investigate this she deliberately varies
the amount she withdraws. She records for her each visit to an ATM, the
amount "x"(in $) withdrawn and the number of hours "y" until her next
visit to an ATM.
Withdrawal 1 2 3 4 5 6
X
y
7 8 9
10
40 10 100 110 120 150 2090 80 130
5662 195 33094 27048 196214286
Observe the correlation coefficient value obtained, and comment on the
strength of the relationship between the variables.
Transcribed Image Text:Sheena obtains cash from an ATM machine. She suspects that the rate at which she spends the cash is affected by the amount of cash she withdrew at her previous visit to an ATM. To investigate this she deliberately varies the amount she withdraws. She records for her each visit to an ATM, the amount "x"(in $) withdrawn and the number of hours "y" until her next visit to an ATM. Withdrawal 1 2 3 4 5 6 X y 7 8 9 10 40 10 100 110 120 150 2090 80 130 5662 195 33094 27048 196214286 Observe the correlation coefficient value obtained, and comment on the strength of the relationship between the variables.
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