The cost of placing a full-page colour advertisement and the circulation figures of nine magazines are: Cost (E000) 43 16 17 19 13 20 44 35 Circulation (000) 135 2100 680 470 450 105 275 2250 695 (a) Which of these variables should be the dependent variable (Y, and why? (b) Plot a scatter diagram to portray the data. Ic) Determine the Pearson correlation coefficient and assess its value.

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7.5 The cost of placing a full-page colour advertisement and the circulation figures of nine magazines are:
Cost (E000)
43
16
17
19
13
20
44
35
Circulation (000)
135
2100
680
470
450
105
275
2250
695
(a) Which of these variables should be the dependent variable (Y, and why?
(b) Plot a scatter diagram to portray the data.
(c) Determine the Pearson correlation coefficient and assess its value.
Transcribed Image Text:7.5 The cost of placing a full-page colour advertisement and the circulation figures of nine magazines are: Cost (E000) 43 16 17 19 13 20 44 35 Circulation (000) 135 2100 680 470 450 105 275 2250 695 (a) Which of these variables should be the dependent variable (Y, and why? (b) Plot a scatter diagram to portray the data. (c) Determine the Pearson correlation coefficient and assess its value.
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