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Author Question: To get the best deal on a microwave oven, Amanda called six appliance stores and asked the cost and ... (Read 95 times)

tnt_battle

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on: Jan 18, 2020

Question 1

To get the best deal on a microwave oven, Amanda called six appliance stores and asked the cost and volume of several models. The prices and volumes she was quoted are listed below. Estimate or compute the correlation coefficient.


◦ 0.3
◦ 0.7
◦ -0.3
◦ -0.7

Question 2

To get the best deal on a microwave oven, Amanda called six appliance stores and asked the cost and volume of several models. The prices and volumes she was quoted are listed below. Amanda later learned that the group of 3 microwaves with volumes greater than 1 cubic foot and costing less than $200 were discontinued models priced lower than normal. How does this change your view of the correlation?


◦ Within each of the two groups, the correlation is less than it is overall.
◦ Within each of the two groups, the correlation is stronger than it is overall.
◦ There is little correlation either within the groups or overall.
◦ The group of discontinued models has a stronger correlation than the other group.
Statistical Reasoning for Everyday Life ¦ Bennett, Briggs, Triola ¦ 5th Edition
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Marked as best answer by tnt_battle on Jan 18, 2020

Silverbeard98

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Reply #1 on: Jan 18, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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tnt_battle

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Reply 2 on: Jan 18, 2020
Great answer, keep it coming :)

miss_1456@hotmail.com

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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