Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Business Economics Expert

Below are commute times and amounts of rainfall for a few randomly selected dates last year.

       Rain (mm)       Commute time (min)   

          3        20        

          0        10   

          1        25   

          9        30       

         15          60      

         12          25      

 Treat "Rain" as the X variable

Compute the value of  r  for the correlation between amount of rain and commute time.

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M93134505
  • Price:- $10

Priced at Now at $10, Verified Solution

Have any Question?


Related Questions in Business Economics

Suppose you are going to receive 14100 per year for six

Suppose you are going to receive $14,100 per year for six years. The appropriate interest rate is 6.9 percent. a. What is the present value of the payments if they are in the form of an ordinary annuity?  (Do not round i ...

You have an opportunity to buy a bond with a face value of

You have an opportunity to buy a bond with a face value of $10,000 and coupon rate of 14%, payable semi-annually. NOTE: Interest per 6-month period is 7% of Face Value (i.e. $10,000x0.07 = $700 per 6-month period). (i) I ...

Every day your friend commutes to school on the subway at 9

Every day your friend commutes to school on the subway at 9 AM. If the subway is on time, she will stop for a $3 coffee on the way to class. If the subway is delayed she skips the coffee and goes straight to class. The p ...

Cnsider simple linear regressionyi beta0 beta1xi

Consider simple linear regression yi = β0 + β1xi + εi. (1) Let zi = a+ bxi and yi = γ0 + γ1zi + δi . (2) Show that the predicted values of the least-square estimators in (1) and (2) are identical for all xi and zi

Suppose a retailer claims that the average wait time for a

Suppose a retailer claims that the average wait time for a customer on its support line is 179 seconds. A random sample of 57 customers had an average wait time of 169 seconds. Assume the population standard deviation fo ...

When a country is closed qconsumed qproduced when a country

When a country is closed, Qconsumed= Qproduced. When a country opens to trade, this condition is not necessarily true; what condition must hold?

A financial consultant is interested in the differences in

A financial consultant is interested in the differences in capital structure within different firm sizes in a certain industry. The consultant surveys a group of firms with assets of different amounts and divides the fir ...

If the united were to become more aggressive in trying to

If the United were to become more aggressive in trying to control global thermal warming would this cause extensive economic problems?

1 why are the costs of fixed assests depreciated2 why would

1. Why are the costs of fixed assests depreciated? 2. Why would a bank lending officer be intersted in cash flow staement of a company that is apllying for a loan?

Suppose that for a given patient the true ef is 63 consider

Suppose that, for a given patient, the true EF is 63. Consider the population of EF values that can be estimated on that patient using option II above. That population follows a normal distribution with μ= 63. Find the p ...

  • 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

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As