The Following Data Represent the Number of Unique Visitors and the Revenue

question 129

Essay

The following data represent the number of unique visitors and the revenue a website generated for the months of July through December. (See the Excel Data File.)
A) What is the sample standard deviation for the number of unique visitors and the revenue?
B) Calculate the coefficient of variations. Which variable has a higher relative dispersion?
C) Calculate the sample correlation coefficient between the number of unique visitors and Revenue.
D) Comment on the strength of the linear relationship. What does this mean for the owner of the website?

• A) What is the sample standard deviation for the number of unique visitors and the revenue?
• B) Calculate the coefficient of variations. Which variable has a higher relative dispersion?
• C) Calculate the sample correlation coefficient between the number of unique visitors and Revenue.
• D) Comment on the strength of the linear relationship. What does this mean for the owner of the website?

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Definitions:

Reward Individual

A concept focused on providing incentives or benefits to individuals for their achievements or performance.

Total Integration

The comprehensive coordination and alignment of processes, systems, and functions within an organization.

Performing Stage

The fourth phase of team development, characterized by high levels of collaboration, unity, and productivity.

Trust Among Members

The confidence and belief in the reliability, integrity, and abilities of members within a group or team, essential for effective collaboration and teamwork.