Question: For the following data(a) display the data in a scatterplot, (b) calculate the sample correlation coefficientr, and(c) make a conclusion about the type of correlation.
For the following data(a) display the data in a scatterplot, (b) calculate the sample correlation coefficientr, and(c) make a conclusion about the type of correlation. Use technology.
The earnings per share(in dollars) and the dividends per share(in dollars) for 6 medical supplies companies in a recent year are shown in the data set below.
Earnings_per_share,_x Dividends_per_share,_y
2.76 0.59
5.03 2.38
4.53 1.46
3.09 0.88
(b) The correlation coefficient r is ____
(Round to three decimal places asneeded.)
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