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John is trying to decide how to divide his time between his job as a stocker in the local grocery store, which pays $7 per hour for as many hours as he chooses to work, and cleaning windows for the businesses downtown. He makes $2 for every window he cleans. John is indifferent between the two tasks, and the number of windows he can clean depends on how many hours he spends cleaning in a day, as shown in the table below: What is the lowest price per window that John would be willing to accept to spend 4 hours per day cleaning windows?
Pearson
Refers to Pearson's correlation coefficient, a measure of the linear correlation between two variables, denoted by the letter r.
Interval-Level
A type of data measurement that includes meaningful and equal distances between measurements but lacks a true zero, allowing for the calculation of differences and averages.
Pearson's Correlation Coefficient
A statistical measure of the linear relationship between two variables, ranging from -1 to 1.
Coefficient of Determination
A statistical measure, often represented as R^2, that represents the proportion of variance for a dependent variable that's predictable from an independent variable(s).
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