Value of the correlation coefficient

Reference no: EM1395455

A study was conducted to determine if there was a relationship between the prices a non-member of a club paid for various publications and the prices that a member paid for the same publications. The data gathered is shown below.

Non-member Member

Price, x Price, y

58 32

42 22

46 20

32 16

25 19

75 58

35 34

63 48

What is the value of the correlation coefficient?

A) 0.857 B) 0.679 C) 0.932 D) 0.762

Reference no: EM1395455

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