Question: Part 4: Pearson Correlation Coefficient and Scatter Plot Ask Cliffnotes to help me compare Marketing_Spend_Per_Day and Daily_Revenue by: Calculating the Pearson Correlation Coefficient (r) and

Part 4: Pearson Correlation Coefficient and Scatter Plot

Ask Cliffnotes to help me compare Marketing_Spend_Per_Day and Daily_Revenue by:

  • Calculating the Pearson Correlation Coefficient (r) and its p-value
  • Creating a scatterplot with a best-fit line
  • Printing the equation of the best-fit line

???? Tip: Check your work! The acceptable range for a Pearson Correlation Coefficient (r) is between -1 and 1. The expected p-value of that coefficient (in this example) is close to 0. If you get different results, ask ChatGPT to help.

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