Question: please use same values. thanks. 2. Using the following data: Month LCD Sold (Hundreds) Unemployment Rate (%) 12 90 15 80 1.5 18 70 7.1

please use same values. thanks.

2. Using the following data: Month LCD Sold (Hundreds) Unemployment Rate (%) 12 90 15 80 1.5 18 70 7.1 21 75 2.0 2.5 60 1.9 As the Operations Manager at Belatrix you are requested to forecast the LCD sales based on the data in the table. Assume that the Unemployment rate determines the LCD sold. a) Determine the coefficient of correlation value. (10 marks) b) Based on the coefficient of correlation value in 2a, is the data reliable to forecast the future? Why or why not? (5 marks) Do Marco

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