# Question: Two indicators of the level of economic activity in a

Two indicators of the level of economic activity in a given geographical area are its median household income and its percent of population in poverty. The table below lists the data for seven states for the year 2008:

a. Calculate the correlation coefficient between the two variables.

b. Test for a significant correlation at the 0.05 level of significance and draw your conclusion.

a. Calculate the correlation coefficient between the two variables.

b. Test for a significant correlation at the 0.05 level of significance and draw your conclusion.

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