Question: Here are data that relate Sales at The Home Depot and Housing Starts, for quarters during its period of rapid growth between 1995 and 2004.

Here are data that relate Sales at The Home Depot and Housing Starts, for quarters during its period of rapid growth between 1995 and 2004.

a) Would Kendall€™s t or Pearson correlation be the more appropriate summary? Explain.
b) What could we learn from Kendall€™s tau that we wouldn€™t learn from the Pearson correlation?

20 15 3 9 10 300 350400 450 500550 Quarterly Housing Starts (Thousands)

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