Question 03: The City of Toronto wants to study the relationship between the size of an...

 

Transcribed Image Text:

Question 03: The City of Toronto wants to study the relationship between the size of an apartment and its monthly rent. Listed below is a random sample of 10 apartments indicating their size and monthly rent at the end of last year. Size (Sq. feet) Rent/month ($) Apartment $1,215 $1,050 $1,080 $1,200 $1,000 Size (Sq. feet) Rent/month ($) $1,300 $1,140 $1,600 $1,200 $1,800 Apartment 1 900 700 700 1,100 1,200 7 800 1,100 1,000 3 8. 5 800 10 1,200 Draw a scatter diagram. [2 Marks] b. Determine the correlation coefficient. [4 Marks] а. Question 03: The City of Toronto wants to study the relationship between the size of an apartment and its monthly rent. Listed below is a random sample of 10 apartments indicating their size and monthly rent at the end of last year. Size (Sq. feet) Rent/month ($) Apartment $1,215 $1,050 $1,080 $1,200 $1,000 Size (Sq. feet) Rent/month ($) $1,300 $1,140 $1,600 $1,200 $1,800 Apartment 1 900 700 700 1,100 1,200 7 800 1,100 1,000 3 8. 5 800 10 1,200 Draw a scatter diagram. [2 Marks] b. Determine the correlation coefficient. [4 Marks] а.