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NARRBEGIN: Truck Speed & Gas Mileage
Truck Speed and Gas

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NARRBEGIN: Truck Speed & Gas Mileage
Truck Speed and Gas Mileage
An economist wanted to analyze the relationship between the speed of a truck (x) and its gas mileage (y). As an experiment a truck is operated at several different speeds and for each speed the gas mileage is measured. These data are shown below.  Speed 25354550606570 Gas Mileage 40393733302725\begin{array} { | l | l l l l l l l | } \hline \text { Speed } & 25 & 35 & 45 & 50 & 60 & 65 & 70 \\\hline \text { Gas Mileage } & 40 & 39 & 37 & 33 & 30 & 27 & 25 \\\hline\end{array} NARREND
-{Car Speed and Gas Mileage Narrative} Calculate the Pearson coefficient of correlation.

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Definitions:

Income Statement

A financial report that gives a summary of a company's revenues, expenses, and profits/losses over a specific period, highlighting operational performance.

Balance Sheet

A financial statement that displays a company's assets, liabilities, and shareholders' equity at a specific point in time, showing the company's financial position.

Rental Income

Rental income refers to the revenue received from leasing property or other assets to tenants.

Income Statement

A financial report that shows a company's revenues, expenses, and profit or loss over a specific period of time.

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