An article in Technometrics by S. C. Narula and J. F. Wellington [Prediction, Linear Regression, and a
Question:
Table 6E.7
(a) Construct a scatter plot of sales price versus taxes paid. Comment on the widely held belief that price is related to taxes paid.
(b) What is the simple correlation coefficient between these two variables?
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Related Book For
Applied Statistics And Probability For Engineers
ISBN: 9781118539712
6th Edition
Authors: Douglas C. Montgomery, George C. Runger
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