Question: The president of Floor Coverings Unlimited wants information concerning the

The president of Floor Coverings Unlimited wants information concerning the relationship between retail experience (years) and weekly sales (in hundreds of dollars). He obtained the following random sample on experience and weekly sales:
12, 52 14, 102 13, 82 16, 182 13, 62 15, 152 16, 202 12, 42
The first number for each observation is years of experience, and the second number is weekly sales. Compute the covariance and the correlation coefficient.

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  • CreatedJuly 06, 2015
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