The Data Below Are the Temperatures on Randomly Chosen Days

question 20

Multiple Choice

The data below are the temperatures on randomly chosen days during a summer class and the number of absences on those days. Calculate the correlation coefficient, r. $$\begin{array} { l | c | c | c | c | c | c | c | c | c | } \text { Temperature, } \mathrm { x } & 76 & 89 & 95 & 94 & 92 & 102 & 79 & 104 & 84 \\\hline \text { Number of absences, } y & 12 & 16 & 19 & 19 & 17 & 24 & 13 & 24 & 14\end{array}$$

• A)0.980
• B)0.890
• C)0.881
• D)0.819

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Definitions:

Unearned Rent

Unearned Rent is a liability representing rent payments received in advance for which the services have yet to be rendered or the occupancy period has not yet occurred.

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Revenue received from leasing property or other assets to tenants.

Advance

A payment made before it is due or for goods and services yet to be received.

Income Summary

An account to which all revenue and expense accounts are transferred at the end of an accounting period to summarize the results of operations for that period.