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The following data on fertility rates were obtained from Eurostat on seven European countries in 2006.The covariance between the mean age at childbearing and the total fertility rate is -0.06.Using this information and the information provided in the table below,calculate the value of Pearson's correlation coefficient.
Data
Factual information used as a basis for reasoning, discussion, or calculation, often numerical.
Business Environment
The combination of internal and external factors that influence a company's operating situation, including economic, legal, political, and social conditions.
Information
Data that is processed, organized, structured, or presented in a given context to make it meaningful and useful.
Ratio Data
A type of quantitative data that not only measures the magnitude but also allows for the comparison of differences and the calculation of ratios, having an absolute zero point.
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