SCENARIO 3-12 Given Below Are the Rating and Performance Scores of 15

question 148

Short Answer

SCENARIO 3-12
Given below are the rating and performance scores of 15 laptop computers.

-Referring to Scenario 3-12,what is the sample correlation coefficient between the performance scores and the rating?

---

Definitions:

Repossession

The process by which a creditor takes back property or goods from the borrower due to failure to make scheduled payments.

Defaulted

Refers to failing to fulfill a legal obligation, especially failure to pay a debt or appear in court as required.

Foreclosed

The legal process by which a lender takes possession of a property due to the borrower's failure to pay the mortgage.