Shown Below Is a Correlation Table Showing Correlation Coefficients Between

question 33

Essay

Shown below is a correlation table showing correlation coefficients between
population (in millions), PC adoption, and cell phone adoption for a sample of 16
countries.
Correlations: PC Adoption, Cell Phone Adoption, Population (mill) $\begin{array}{ll}&\text { PC Adoption} &\text { Cell Phone Adoption }\\\text { Cell Phone Adoption } & 0.671 \\\text { Population (mill) } & 0.376&0.016\end{array}$

a. What is the correlation between PC adoption and population? Interpret.
b. What is the correlation between cell phone adoption and population? Interpret.
c. What is the correlation between PC adoption and cell phone adoption? Interpret.

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Definitions:

Gold Coins

Metal currency minted from gold, historically used as both a medium of exchange and store of value.

Receipts

Documents that acknowledge the receipt of goods or services or the receipt of money, often serving as proof of transaction.

Debit Card

A card used for purchases that directly debits funds from the user's bank account.

Checking Account

A bank account that allows for numerous withdrawals and deposits, often used by individuals for day-to-day financial transactions.