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.)

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter4: Equations Of Linear Functions
Section4.6: Regression And Median-fit Lines
Problem 6PPS
Question
Help me learn please
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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