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:

Quakers

A religious group officially known as the Religious Society of Friends, known for their pacifist beliefs and practices.

Social Development

The process of improving the well-being of individuals in society through measures that include education, health care, economic opportunity, and social justice.

Pennsylvania

A state located in the Northeastern, Great Lakes, Appalachian, and Mid-Atlantic regions of the United States, known for its rich history and diverse landscapes.

Bacon's Rebellion

A 1676 armed rebellion in Virginia, led by Nathaniel Bacon against the rule of Governor William Berkeley, which was motivated by grievances over governance, policy toward Native Americans, and land.