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Compute spearman rank correlation coefficient

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Travel and Transportation Interstate 95 is a major north/south highway along the eastern part of the United States. Travelers on this road have a wide variety of hotel options at most of the major exits. A random sample of hotels at the intersection of I-95 and Highway 870 in Florida was obtained. The distance (miles) from I-95 and the starting room price (dollars) for each was recorded. The data are given in the following table.

91_Compute Spearman’s rank correlation.png

Compute Spearman's rank correlation coefficient and use this value to describe the relationship between these two variables.

Reference no: EM131754716

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