Longevity and Salary A sample of eight observations of variables x (years of experience)and y (salary in $1,000s)is shown below: 
-{Longevity and Salary Narrative}
a.Calculate the coefficient of correlation,and comment on the relationship between x and y.
b.Give a possible reason that the correlation is negative.
Definitions:
Comparative Balance Sheet
A financial statement that presents the assets, liabilities, and equity of an entity at two or more points in time for comparison purposes.
Cash Dividends
A distribution of a portion of a company's earnings, decided by the board of directors, paid to shareholders in cash.
Operating Activities
Activities that are directly related to the day-to-day operations of a business, generating revenue and expenses.
Comparative Balance Sheet
A financial statement presenting a company's assets, liabilities, and equity at two or more points in time for comparative purposes.
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