Data from the U.S. Federal Reserve Board on the percentage of disposable personal income required to meet consumer loan payments and mortgage payments for selected years are shown in the following table. What is the value of the correlation coefficient for this data set? (Give the answer to four decimal places.) r = Consumer Debt Household Debt Consumer Debt Household Debt 7.89 6.21 6.23 5.74 7.90 6.13 6.08 5.95 7.66 5.95 6.32 6.09 7.61 5.82 6.96 6.27 7.47 5.82 7.37 6.07 7.49 5.84 7.51 5.80 7.37 5.81 7.85 5.80 6.56 5.79
Data from the U.S. Federal Reserve Board on the percentage of disposable personal income required to meet consumer loan payments and mortgage payments for selected years are shown in the following table. What is the value of the correlation coefficient for this data set? (Give the answer to four decimal places.) r = Consumer Debt Household Debt Consumer Debt Household Debt 7.89 6.21 6.23 5.74 7.90 6.13 6.08 5.95 7.66 5.95 6.32 6.09 7.61 5.82 6.96 6.27 7.47 5.82 7.37 6.07 7.49 5.84 7.51 5.80 7.37 5.81 7.85 5.80 6.56 5.79
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter4: Equations Of Linear Functions
Section4.5: Correlation And Causation
Problem 11PPS
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Data from the U.S. Federal Reserve Board on the percentage of disposable personal income required to meet consumer loan payments and mortgage payments for selected years are shown in the following table. What is the value of the
r =
Consumer Debt |
Household Debt |
Consumer Debt |
Household Debt |
7.89 | 6.21 | 6.23 | 5.74 |
7.90 | 6.13 | 6.08 | 5.95 |
7.66 | 5.95 | 6.32 | 6.09 |
7.61 | 5.82 | 6.96 | 6.27 |
7.47 | 5.82 | 7.37 | 6.07 |
7.49 | 5.84 | 7.51 | 5.80 |
7.37 | 5.81 | 7.85 | 5.80 |
6.56 | 5.79 |
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