The Question Below Refers to the Following Information

question 17

Short Answer

The question below refers to the following information:
A professor is interested in knowing if the number of absences a student has during the semester is a good indication of how well a student does on the final exam. At the end of the year, the professor compares absence rates and exam grades for eight students. The data she found are as follows:
Calculate the Pearson's correlation coefficient.

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Definitions:

Product G1

This term is likely specific to a company or industry and denotes a particular product or model designated as "G1".

Traditional Costing

An accounting method that applies indirect costs to products based on a predetermined rate, not necessarily reflecting the actual usage of resources.

Direct Labor-Hours

The total hours worked directly on a manufacturing process or project.

Traditional Costing

An accounting method that allocates manufacturing overhead costs to products based on the volume of production resources consumed.