The president of a company was interested in determining whether there is a correlation between sales made by different sales teams and hours spent on employee training. These figures are shown. Sales Training (in thousands) Hours 25 10 40 12 36 12 50 15 11 6. a. Compute the correlation coefficient for the data. (Round your answer to 4 decimal places, eg, 500.2555.) The correlation coefficient is What is your interpretation of this value? (Do not round your intermediate computations to answer this question.) There is linear association between sales and training hours.
The president of a company was interested in determining whether there is a correlation between sales made by different sales teams and hours spent on employee training. These figures are shown. Sales Training (in thousands) Hours 25 10 40 12 36 12 50 15 11 6. a. Compute the correlation coefficient for the data. (Round your answer to 4 decimal places, eg, 500.2555.) The correlation coefficient is What is your interpretation of this value? (Do not round your intermediate computations to answer this question.) There is linear association between sales and training hours.
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ISBN:9781119256830
Author:Amos Gilat
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Chapter1: Starting With Matlab
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Transcribed Image Text:The president of a company was interested in determining whether there is a correlation between sales made by different sales
teams and hours spent on employee training. These figures are shown.
Training
(in thousands) Hours
Sales
25
10
40
12
36
12
50
15
11
6.
a. Compute the correlation coefficient for the data. (Round your answer to 4 decimal places, eg, 500.2555.)
The correlation coefficient is
What is your interpretation of this value? (Do not round your intermediate computations to answer this question.)
There is
v linear association between sales and training hours.
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