A Fortune 500 company is tracking revenues versus cash flow for recent years, and the data is
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A Fortune 500 company is tracking revenues versus cash flow for recent years, and the data is shown in the table below. Consider cash flow to be the dependent variable. Calculate the correlation coefficient for this data (all dollar amounts are in thousands).
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Revenues ($000s) Cash Flow ($000s) 237 241 229 Table 14.10 284 307 82 86 77 94 93
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Calculations The correlation coefficient is given by Correlation Coef...View the full answer
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