Compute the appropriate correlation coefficient

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Before moving away to college, Lisa is warned abotu the high cost of parking tickets close to campus. To determine the validity of the warning, Lisa asks 10 other students at registration how long they have been a student and how much they paid last year in parking tickets. The data are as follow:

Person Years a Student Amount Paid

A 1 $600

B 2 $500

C 5 $350

D 6 $250

E 3 $600

F 4 $450

G 5 $300

H 7 $300

I 4 $350

J 3 $700

Compute the appropriate correlation coefficient.

Reference no: EM132289103

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