Karina Burkholtz believes there is a linear connection between the hourly rate (x) that her company charges for its truck rentals and the number of weekly rental hours (y) that the company sells.The following data are available: The slope term (b) in the estimated regression equation is -80.The intercept term (a) is 2530.Determine the value of the correlation coefficient R that you should enter in the indicated cell of the table below:

A).868
B).465
C).719
D).628
E).581

Question

Karina Burkholtz believes there is a linear connection between the hourly rate (x) that her company charges for its truck rentals and the number of weekly rental hours (y) that the company sells.The following data are available:

The slope term (b) in the estimated regression equation is -80.The intercept term (a) is 2530.Determine the value of the correlation coefficient R that you should enter in the indicated cell of the table below:

A).868 
B).465 
C).719 
D).628 
E).581

Quizplus · Accepted Answer

The Answer of Karina Burkholtz believes there is a linear connection between the hourly rate (x) that her company charges for its truck rentals and the number of weekly rental hours (y) that the company sells.The following data are available:  The slope term (b) in the estimated regression equation is -80.The intercept term (a) is 2530.Determine the value of the correlation coefficient R that you should enter in the indicated cell of the table below:

A).868 
B).465 
C).719 
D).628 
E).581

Karina Burkholtz Believes There Is a Linear Connection Between the Hourly