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The following data on fertility rates illustrate seven European countries. The covariance between the mean age at childbearing and the total fertility rate is -0.06. Using this information and the information provided in the table below, calculate the value of Pearson's correlation coefficient.
Mean Age at Childbearing
Total Fertility Rate
Denmark
30.29
1.83
Ireland
30.66
1.90
Greece
29.87
1.39
Spain
30.88
1.38
France
29.72
2.00
Italy
30.87
1.32
Netherlands
30.58
1.70
Mean
30.41
1.65
Standard Deviation
.47
.28
Variance
.22
.08
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