Author Question: If the correlation of x and y is -0.65, then coefficient of determination is -0.4225. Indicate ... (Read 53 times)

jilianpiloj · **on:** Jun 24, 2018

If the correlation of x and y is -0.65, then coefficient of determination is -0.4225.

Indicate whether the statement is true or false

Question 2

The Baker's Candy Company has been in business for three years. The quarterly sales data for the company are shown as follows:

Quarter Sales
1 3000
2 3500
3 4000
4 2900
5 3100
6 3400
7 4100
8 2800
9 3000
10 3600
11 4000
12 2800

Based on these data, the seasonal index for quarters 3, 7, and 11 is approximately 1.61
Indicate whether the statement is true or false