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Compute the Linear Correlation Coefficient Between the Two Variables and Determine

question 38

Multiple Choice

Compute the linear correlation coefficient between the two variables and determine whether a linear relation exists.
- x1210368975411y75124132695\begin{array}{c|cccccccccc}\mathrm{x} & -12 & -10 & -3 & -6 & -8 & -9 & -7 & -5 & -4 & -11 \\\hline \mathrm{y} & -7 & -5 & 12 & 4 & 1 & -3 & 2 & 6 & 9 & -5\end{array}

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Definitions:

Elasticity

A measure of how much the quantity demanded of a good responds to a change in the price of that good, expressed as a ratio or percentage.

Tax

Mandatory financial charge or some other type of levy imposed upon a taxpayer by a governmental organization in order to fund various public expenditures.

Buyer

An individual or entity that purchases goods or services for personal use or consumption.

Tax

Tax is a compulsory financial charge levied by a government on individuals, corporations, or transactions to fund public expenditures.

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