Class Exercise - Correlation Analysis X Y 10 5 15 8 20 11 16 65 15...
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Class Exercise - Correlation Analysis X Y 10 5 15 8 20 11 16 65 15 18 82 12. 21 22 15 25 18 20 10 15 8 18+ nExy-Ex Ey √[nEx² - (Ex)²] [n Σy² - (Σy)²] 18 7 X represents the sales volume of a company and Y represents the Cost of Sales. Hypothesis: Sales volume is positively related to cost of sales Find coefficient of correlation (r) for the given data. Explain the value of r and accept or reject the hypothesis. Class Exercise - Correlation Analysis X Y 10 5 15 8 20 11 16 65 15 18 82 12. 21 22 15 25 18 20 10 15 8 18+ nExy-Ex Ey √[nEx² - (Ex)²] [n Σy² - (Σy)²] 18 7 X represents the sales volume of a company and Y represents the Cost of Sales. Hypothesis: Sales volume is positively related to cost of sales Find coefficient of correlation (r) for the given data. Explain the value of r and accept or reject the hypothesis.
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To find the correlation coefficient r for the given data we first need to calculate a few numbers Le... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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