In Geoforum (Vol. 37, 2006), Simon Fraser University professor Nicholas Blomley assessed whether the price of a

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In Geoforum (Vol. 37, 2006), Simon Fraser University professor Nicholas Blomley assessed whether the price of a geography journal is correlated with quality. He collected pricing data (cost for a 1-year subscription in U.S. dollars) for a sample of 28 geography journals. In addition to cost, three other variables were measured: journal Impact Factor (IIF), defined as the average number of times articles from the journal have been cited; number of citations for a journal over the past 5 years; and Relative Price Index (RPI), a measure developed by economists. [A journal with an RPI less than 1.25 is considered a "good value."] The data for the 28 geography journals are listed in the accompanying table.
a. Construct a scatter plot for the variables JIF and cost. Do you detect a trend?
b. Construct a scatter plot for the variables number of cites and cost. Do you detect a trend?
c. Construct a scatter plot for the variables RPI and cost. Do you detect a trend?
In Geoforum (Vol. 37, 2006), Simon Fraser University professor Nicholas
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Statistics For Business And Economics

ISBN: 9780321826237

12th Edition

Authors: James T. McClave, P. George Benson, Terry T Sincich

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