A linear correlation between the two variables

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Reference no: EM1318993

Scatter plot and correlation:

Build a scatter plot, Find the value of the linear correlation coefficient r, and find the critical value of r using α=0.05. Determine whether there is sufficient evidence to support a claim of a linear correlation between the two variables.

CPI and Pizza the paired values of the consumer price index (CPI) and the cost of a slice of pizza are listed below: Is there a linear correlation between CPI and the cost of a slice of pizza?

 

CPI

30.2

48.3

112.3

162.2

191.9

197.8

Cost of Pizza

0.15

0.35

1.00

1.25

1.75

2.00

 

Reference no: EM1318993

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