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

question 27

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) . $\begin{array}{l|lllllllll}\text { Temperature } & 62 & 76 & 50 & 51 & 71 & 46 & 51 & 44 & 79 \\\hline \text { Growth } & 36 & 39 & 50 & 13 & 33 & 33 & 17 & 6 & 16\end{array}$

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

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Definitions:

Real Balances Effect

The impact of price level changes on the purchasing power of consumers' money holdings, influencing their spending and saving behavior.

Jean Baptiste Say

A French economist known for Say's Law, which suggests that supply creates its own demand in the economy.

Supply

The total amount of a specific good or service that is available to consumers in the market at a given time and price.

Demand

Pertains to the desire and capability of consumers to buy products and services at various price points.