Reed Auto periodically has a special weeklong sale. As part of the advertising campaign, Reed runs one or more television commercials during the weekend preceding the sale. Data from a sample of five previous sales are shown below.
$\begin{array}{lll}
\text { Week } & \text { TV Ads } & \text { Cars Sold }\\hline
1 & 1 & 14 \
2 & 3 & 24 \
3 & 2 & 18 \
4 & 1 & 17 \
5 & 3 & 27
\end{array}$ Compute and interpret both the sample covariance and the sample correlation coefficient.

Question

Reed Auto periodically has a special weeklong sale. As part of the advertising campaign, Reed runs one or more television commercials during the weekend preceding the sale. Data from a sample of five previous sales are shown below.
​ $\begin{array}{lll}
\text { Week } & \text { TV Ads } & \text { Cars Sold }\\hline
1 & 1 & 14 \
2 & 3 & 24 \
3 & 2 & 18 \
4 & 1 & 17 \
5 & 3 & 27
\end{array}$ Compute and interpret both the sample covariance and the sample correlation coefficient.
​

Quizplus · Accepted Answer

The Answer of Reed Auto periodically has a special weeklong sale. As part of the advertising campaign, Reed runs one or more television commercials during the weekend preceding the sale. Data from a sample of five previous sales are shown below.
​ $\begin{array}{lll}
\text { Week } & \text { TV Ads } & \text { Cars Sold }\\hline
1 & 1 & 14 \
2 & 3 & 24 \
3 & 2 & 18 \
4 & 1 & 17 \
5 & 3 & 27
\end{array}$ Compute and interpret both the sample covariance and the sample correlation coefficient.
​

Reed Auto Periodically Has a Special Weeklong Sale Compute and Interpret Both the Sample Covariance and the Sample