PROBLEM 3: Compute for r, and interpret the result. The time x in years that an employee spent at a company and the employee's hourly pay, y, for 5 employees are listed in the table below. Calculate and interpret the correlation coefficient r. refer to the table below: x 5 3 4 05 10 15 y 25 20 21 35 38 25 9 16 100 225 y² 635 400 441 1225 1444 xy 125 60 84 350 570

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