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Find the Value of the Linear Correlation Coefficient R A) y^=4.91+0.0212x\hat{y} = 4.91 + 0.0212 x

question 11

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Find the value of the linear correlation coefficient r.
-Ten students in a graduate program were randomly selected. Their grade point averages (GPAs) when they entered the program were between 3.5 and 4.0. The following data were obtained regarding their GPAs on entering the program versus their current GPAs.  Entering GPA  Current GPA 3.53.63.83.73.63.93.63.63.53.93.93.84.03.73.93.93.53.83.74.0\begin{array}{cc}\text { Entering GPA } & \text { Current GPA } \\\hline 3.5 & 3.6 \\3.8 & 3.7 \\3.6 & 3.9 \\3.6 & 3.6 \\3.5 & 3.9 \\3.9 & 3.8 \\4.0 & 3.7 \\3.9 & 3.9 \\3.5 & 3.8 \\3.7 & 4.0\end{array}


Definitions:

Activity-Based Costing

A costing method that assigns costs to products or services based on the activities and resources that go into creating them.

Tech Support

A service provided by companies to help customers solve technical problems or issues related to their products or services.

Time-Driven

Refers to processes or activities that are scheduled or executed based on the passage of time.

Customer Support

A service provided by companies to assist customers with their products or services, aiming to resolve issues and improve customer satisfaction.

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