Consider the Following Pairs of Observations $$\begin{array} { | c | c | c | c | c | c | } \hline x & 2 & 3 & 5 & 5 & 6 \\\hline y & 1.3 & 1.6 & 2.1 & 2.2 & 2.7 \\\hline\end{array}$$

question 45

Essay

Consider the following pairs of observations: $$\begin{array} { | c | c | c | c | c | c | } \hline x & 2 & 3 & 5 & 5 & 6 \\\hline y & 1.3 & 1.6 & 2.1 & 2.2 & 2.7 \\\hline\end{array}$$ Find and interpret the value of the coefficient of correlation.

---

Definitions:

Public Relations

The practice of managing and disseminating information from an organization to the public to influence their perception.

IMC

Integrated Marketing Communications, a strategy aimed at unifying different marketing methods such as mass advertising, social media, and direct marketing to create a cohesive and consistent message.

Aggregate Spending

The total amount of expenditure made by all entities in an economy, including households, businesses, and the government, on goods and services.

Target Market

A specific group of consumers identified as the recipients of a particular marketing message or campaign, based on shared characteristics.