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

question 107

Essay

The following data represents the number of unique visitors and the revenue a website generated for the months of July through December. 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:

Net Return

The profit or loss from an investment after all expenses are subtracted from the total income or revenue.

Construction Costs

Expenses incurred in the building of structures, infrastructure, or other forms of real estate projects.

Corporate Bond

A financial security issued by a corporation to raise capital, with the promise to repay the principal along with a specified interest rate to the bondholders.

Interest Rate

The percentage of a loan amount charged by a lender to a borrower for the use of assets, typically expressed as an annual percentage of the principal.