Find the Value of the Linear Correlation Coefficient R A) 0
B) 0

question 6

Multiple Choice

Find the value of the linear correlation coefficient r. The paired data below consist of the temperatures on randomly chosen days and the amount a certain kind of plant grew (in millimeters) . $$\begin{array} { l | l l l l l l l l l } \text { Temperature } & 62 & 76 & 50 & 51 & 71 & 46 & 51 & 44 & 79 \\\hline \text { Growth } & 36 & 39 & 50 & 13 & 33 & 33 & 17 & 6 & 16\end{array}$$

• A) 0
• B) 0.196
• C) -0.210
• D) 0.256

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Definitions:

Comparative Advantage

The ability of an individual or country to produce a good or service at a lower opportunity cost than others, underpinning international trade.

Comparative Disadvantage

A situation where a country or entity is less efficient at producing goods or services compared to another country or entity.

Absolute Advantage

The capacity of a person, corporation, or nation to manufacture a product or provide a service at a lower per-unit expense than any other participant in the market.

Comparative Advantage

The capability of an individual or organization to create a product or provide a service with a smaller opportunity cost than another.