A sample of 10 households were monitored for one year. The household income (in $1000s) and the
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Question:
- A sample of 10 households were monitored for one year. The household income (in $1000s) and the amount of energy consumed (in 1010 joules) were determined. The results recorded were as follows:
Income | 31 | 40 | 28 | 48 | 195 | 96 | 70 | 100 | 145 | 78 |
Energy | 16 | 40 | 30 | 46 | 165 | 92 | 96 | 77 | 115 | 67 |
Determine the correlation coefficient between income and energy consumption. What does the results from the correlation coefficient indicate about income and energy consumption in the city?
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