(Use the following information for the next five problems.)
The owner of Koffi, the sole coffee house located in a resort area, wants to develop a forecast based on the relationship between tourism and coffee drinks sold. He has generated the following data over the past 12 months:
The data from using Data Analysis on Excel is as follows:

-What is the correlation?
A) 0.95
B) 0.91
C) 0.90
D) 19

Question

(Use the following information for the next five problems.)
The owner of Koffi, the sole coffee house located in a resort area, wants to develop a forecast based on the relationship between tourism and coffee drinks sold. He has generated the following data over the past 12 months:
  The data from using Data Analysis on Excel is as follows:
 
-What is the correlation?
A) 0.95 
B) 0.91 
C) 0.90 
D) 19

Quizplus · Accepted Answer

In the context of the question, the owner of Koffi, a coffee house, is looking to understand the relationship between tourism (likely measured by the number of tourists or some proxy for tourism activity) and the number of coffee drinks sold. The data analysis performed in Excel would have provided a correlation coefficient that quantifies this relationship.
Given the options provided:
a. 0.95
b. 0.91
c. 0.90
d. 19
The correct answer is a. 0.95, as indicated by the answer provided at the end of the question. This suggests a very strong positive relationship between tourism and the number of coffee drinks sold at Koffi. As tourism increases, the number of coffee drinks sold also increases, and vice versa. The correlation coefficient of 0.95 is close to 1, which indicates that the relationship is very strong, but it is important to note that correlation does not imply causation.

(Use the Following Information for the Next Five Problems