Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Statistics and Probability Expert

A large department store has collected the following monthly data on lost sales revenue due to theft and the number of security guard hours on duty:

Lost Sales Revenue
in Thousands Total Guard Hours
1.0 600
1.4 630
1.9 1000
2.0 1200
1.8 950
2.1 1300
2.3 1350

find out the coefficient of correlation.

coefficient of correlation = 0.0014

coefficient of correlation = 0.3780

coefficient of correlation = 0.955

coefficient of correlation = 0.6785

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M998386

Have any Question? 


Related Questions in Statistics and Probability

Hello kitty company claims that the proportion of its

Hello Kitty Company claims that the proportion of its employees investing in individual investment accounts is higher than national proportion of 50%. A survey of 100 employees in Hello Kitty Company indicated that 58 of ...

A research concludes that the number of hours of exercise

A research concludes that the number of hours of exercise per week for adults is normally distributed with a mean of 3.5 hours and a standard deviation of 3 hours. Show all work. Just the answer, without supporting work, ...

Using the table below compute the spearman rank correlation

Using the table below, compute the spearman rank correlation coefficient for the aggressiveness scores. Does this suggest that both twins tend to be similar in degrees of aggressiveness? Twin set 1 st  born aggressivenes ...

Assume that population means are to be estimated from the

Assume that population means are to be estimated from the samples described. Use the sample results to approximate the margin of error and 95% confidence interval. Sample size equals=6464, sample mean equals=8282, sample ...

1 the correlation between self-esteem and shyness is -50

1. The correlation between self-esteem and shyness is -.50. Interpret this correlation. 2. Which is larger-a correlation of +.45 or a correlation of -.60? Explain.

Joshua and his army are planning to circle jericho seven

Joshua and his army are planning to circle Jericho seven times. Will the wall come tumbling down? The king of Jericho reports that: I ascribe probability 0.8 to "the wall of the city will fall, and Joshua ascribes probab ...

One of the behavioral research case studies involved agocha

One of the Behavioral Research Case Studies involved Agocha and Cooper's (1999) study of partner characteristics and intentions to practice safe sex. Below are the Pearson correlations between the likelihood that partici ...

Twenty years ago 40 children were born in the same hospital

Twenty years ago 40 children were born in the same hospital in Denmark. Researchers classified the children by whether or not they were breast-fed for at least 3 months. They were interested in whether breast-feeding ten ...

A family is relocating from st louis missouri to california

A family is relocating from St. Louis, Missouri, to California. Due to an increasing inventory of houses in St. Louis, it is taking longer than before to sell a house. The wife is concerned and wants to know when it is o ...

Consider a sealed-bid second-price auction with two buyers

Consider a sealed-bid second-price auction with two buyers, whose private values are independent; buyer 1's private value is uniformly distributed over [0, 1], and buyer 2's private value is uniformly distributed over [0 ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

WalMart Identification of theory and critical discussion

Drawing on the prescribed text and/or relevant academic literature, produce a paper which discusses the nature of group

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro