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The following table shows different prices of a product at certain weeks. x (Weeks) y (Price($)) 4. 24.3 28.45 6. 29.8 29.85 8. 33.7 9. 35.85 10 36.4 11 35.45 (a) Based on the data shown above, compute the correlation coefficient accurate to three decimal places. T = (b) Find the proportion of the variation in Price that can be explained by the variation in the values of Weeks. Report your answer as a percentage accurate to one decimal place. (Example: If the answer is 0.1234, you would enter 12.3 without the percent symbol.)

The following table shows different prices of a product at certain weeks. x (Weeks) y (Price($)) 4. 24.3 28.45 6. 29.8 29.85 8. 33.7 9. 35.85 10 36.4 11 35.45 (a) Based on the data shown above, compute the correlation coefficient accurate to three decimal places. T = (b) Find the proportion of the variation in Price that can be explained by the variation in the values of Weeks. Report your answer as a percentage accurate to one decimal place. (Example: If the answer is 0.1234, you would enter 12.3 without the percent symbol.)

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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The following table shows different prices of a product at certain weeks. x (Weeks) y (Price($)) 4. 24.3 28.45 6. 29.8 29.85 8. 33.7 9. 35.85 10 36.4 11 35.45 (a) Based on the data shown above, compute the correlation coefficient accurate to three decimal places. T = (b) Find the proportion of the variation in Price that can be explained by the variation in the values of Weeks. Report your answer as a percentage accurate to one decimal place. (Example: If the answer is 0.1234, you would enter 12.3 without the percent symbol.)
Transcribed Image Text:The following table shows different prices of a product at certain weeks. x (Weeks) y (Price($)) 4. 24.3 28.45 6. 29.8 29.85 8. 33.7 9. 35.85 10 36.4 11 35.45 (a) Based on the data shown above, compute the correlation coefficient accurate to three decimal places. T = (b) Find the proportion of the variation in Price that can be explained by the variation in the values of Weeks. Report your answer as a percentage accurate to one decimal place. (Example: If the answer is 0.1234, you would enter 12.3 without the percent symbol.)
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