What is the relationship between the amount spent per week on recreation and the size of the
Question:
What is the relationship between the amount spent per week on recreation and the size of the family? A sample of 10 families in the New York area provided the following data:
Family Size _____________________Amount spent
3…………………………………………………$99
6………………………………………………..$104
5………………………………………………..$151
6……………………………………………….$129
6……………………………………………….$142
3……………………………………………….$111
4………………………………………………..$74
4………………………………………………..$91
5………………………………………………$119
3………………………………………………..$91
Compute the correlation coefficient.
Determine the coefficient of determination.
Can we conclude that there a positive association between the amount spent on recreation and family size? Use the .05 significance level.
Auditing a business risk appraoch
ISBN: 978-0324375589
6th Edition
Authors: larry e. rittenberg, bradley j. schwieger, karla m. johnston