For the Parking Availability model, a Sample of 40 days has aBadge Sales Standard Deviation s X
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Question:
For the Parking Availability model, a Sample of 40 days has aBadge Sales Standard Deviation sX = 18.0 and a Parking Capacity Standard Deviation of sY = 40.0.
a) What Correlation would we calculate for the two Variables? What does the Correlation represent?
b) What Coefficient of Determination would we calculate for the two Variables? What does r2 represent?
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