Instead of the age of a vineyard, considered in Exercise 27, perhaps the Size of the vineyard
Question:
Instead of the age of a vineyard, considered in Exercise 27, perhaps the Size of the vineyard (in hectares) is associated with the price of the wines. Look at the scatterplot:
a) The correlation is -0.022. Does price get lower with increasing vineyard size? Explain.
b) If the point corresponding to the largest vineyard were removed, what effect would that have on the correlation?
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a The correlation is slightly negative ...View the full answer
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Related Book For 
Business Statistics
ISBN: 9780133899122
3rd Canadian Edition
Authors: Norean D. Sharpe, Richard D. De Veaux, Paul F. Velleman, David Wright
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