The table below lists the numbers of audience impressions (in hundreds of millions) listening to songs and the corresponding numbers of albums sold (in hundreds of thousands). Does it appear that album sales are affected very strongly by the number of audience impressions? Use a significance level of α=0.05. a. Find the value of the correlation coefficient. rs= (Round to three decimal places a
The table below lists the numbers of audience impressions (in hundreds of millions) listening to songs and the corresponding numbers of albums sold (in hundreds of thousands). Does it appear that album sales are affected very strongly by the number of audience impressions? Use a significance level of α=0.05. a. Find the value of the correlation coefficient. rs= (Round to three decimal places a
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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The table below lists the numbers of audience impressions (in hundreds of millions) listening to songs and the corresponding numbers of albums sold (in hundreds of thousands). Does it appear that album sales are affected very strongly by the number of audience impressions? Use a significance level of α=0.05.
a. Find the value of the correlation coefficient .
rs=
(Round to three decimal places as needed.)b. determine the critical values of the correlation coefficient
Transcribed Image Text:### Audience Impressions vs. Albums Sold
This table provides a comparison between audience impressions and the number of albums sold across various data points.
| **Audience Impressions** | 20 | 24 | 27 | 14 | 25 | 17 | 18 | 19 | 27 |
|--------------------------|----|----|----|----|----|----|----|----|----|
| **Albums Sold** | 13 | 14 | 11 | 7 | 16 | 8 | 18 | 12 | 18 |
#### Explanation:
- **Audience Impressions**: This row indicates the number of impressions or reach achieved with the audience. The figures show varying levels of audience engagement or exposure, ranging from 14 to 27.
- **Albums Sold**: This row details the number of albums sold corresponding to each level of audience impressions. Sales numbers range from 7 to 18.
This table can be useful for analyzing how audience engagement translates into album sales, providing insight for marketing strategies in the music industry.
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