Sheena obtains cash from an ATM machine. She suspects that the which she spends the cash is affected by the amount of cash she w at her previous visit to an ATM. To investigate this she deliberatel the amount she withdraws. She records for her each visit to an AT amount "x"(in $) withdrawn and the number of hours "y" until he visit to an ATM. Withdrawal 1 2 3 4 5 6 X y 789 10 40 10 100 110 120 150 2090 80 130 56 62 195 33094 27048 196214286 Discuss in detail the step-wise procedure and determine Karl P

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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amount "x"(in $) withdrawn and the number of hours "y" until her next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
789
10
40 10 100 110 120 150 2090 80 130
56 62 195 33094 27048 196214286
Discuss in detail the step-wise procedure and determine Karl Pearson's
coefficient of correlation.
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 She records for her each visit to an ATM, the amount "x"(in $) withdrawn and the number of hours "y" until her next visit to an ATM.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 789 10 40 10 100 110 120 150 2090 80 130 56 62 195 33094 27048 196214286 Discuss in detail the step-wise procedure and determine Karl Pearson's coefficient of correlation.
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