The following data are the claims (in $ millions) for BlueCross BlueShield benefits for nine states, along
Question:
Use the data to compute a correlation coefficient, r, to determine the correlation between claims and surplus.
Transcribed Image Text:
State Claims Surplus Alabama Colorado Florida Illinois Maine Montana North Dakota Oklahoma Texas $1,425 273 915 1,687 234 142 259 258 894 $277 100 120 259 40 25 57 31 141
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S x 6087 S x 2 6796149 S y 1050 S y 2 194526 S xy 1...View the full answer
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Related Book For
Business Statistics For Contemporary Decision Making
ISBN: 978-1118749647
8th edition
Authors: Black Ken
Question Posted:
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