Solution in Minitab

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 23PFA
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Solution in Minitab 

Q1: The table below shows data for car rental companies in the United States for a
recent year.
Cars (in ten thousand)
Revenue (in billions)
63.0
$7.0
29.0
3.9
20.8
2.1
19.1
13.4
8.5
2.8
1.4
1.5
a. Draw the scatter plot for the variables and describe the relationship
b. Compute the value of the correlation coefficient.
c. Find the equation of the Regression line
Transcribed Image Text:Q1: The table below shows data for car rental companies in the United States for a recent year. Cars (in ten thousand) Revenue (in billions) 63.0 $7.0 29.0 3.9 20.8 2.1 19.1 13.4 8.5 2.8 1.4 1.5 a. Draw the scatter plot for the variables and describe the relationship b. Compute the value of the correlation coefficient. c. Find the equation of the Regression line
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