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The sizes and sale prices for six homes are given in the table. Which correlation coefficient is the only realistic value for the correlation between the sizes of these homes and their sale prices? Home Sizes and Sale Prices Size of Home, X (in square feet) 1,2001,350 1,7201,5101,4401,675 Selling Price, y (in thousands of dollars) 223 298 427 375 310 402 r= -0.018 r= -0.901 r= 0.981 r= 0.318

The sizes and sale prices for six homes are given in the table. Which correlation-example-1

1 Answer

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After using the formula for correlation we get that

r=0.981

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User Pramendra Gupta
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