In a Study of the Factors That Affect Success in Economics,data

question 122

Multiple Choice

In a study of the factors that affect success in economics,data were collected for 8 business students.Scores on a calculus placement test are given with economics final exam scores.The data are below. $\begin{array} { | l | l | } \hline \begin{array} { l } \text { Calculus } \\\text { Placement Score }\end{array} & \begin{array} { l } \text { Exam Final } \\\text { Score }\end{array} \\\hline 17 & 73 \\\hline 21 & 66 \\\hline 11 & 64 \\\hline 16 & 61 \\\hline 15 & 70 \\\hline 11 & 71 \\\hline 24 & 90 \\\hline 27 & 68 \\\hline\end{array}$
It can be shown that for these data: $\bar{X}=17.75, \quad \bar{y}=70.38, \quad \sum_{i=1}^{8}\left(x_{i}-\bar{x}\right) ^{2}=237.50$
$\sum_{i=1}^{8}\left(y_{i}-\bar{y}\right) ^{2}=545.875, \quad \sum_{i=1}^{8}\left(x_{i}-\bar{x}\right) \left(y_{i}-\bar{y}\right) =140.75$
Calculate the sample correlation coefficient.

• A)0.15
• B)0.11
• C)0.39
• D)-0.39
• E)-0.11

---

Definitions:

Depositor's Account

An account maintained by a bank or financial institution for the depositor, recording the amount of money deposited.

Account Balance

The amount of money in a financial repository at any given moment, which can include bank accounts or credit accounts.

NSF Check

A check that cannot be processed due to insufficient funds in the account it's drawn from, often resulting in a fee.

Bank Statement

A summary issued by a bank detailing all transactions in an account over a specified period.