Annie Mikhail, market analyst for a national company specializing in historic city tours, is analyzing the relationship between the sales revenue from historic city tours and the size of the city. She gathers data from six cities in which the tours are offered. Annie's dependent variable is annual sales revenues and her independent variable is the city population. Regression analysis of the data yielded the following tables: The numerical value of the correlation coefficient between the historic city tour sales and the size of city population is ___.
A) 0.969785
B) 0.940483
C) 0.224675
D) -0.14156
E) 1.000000

Question

Annie Mikhail, market analyst for a national company specializing in historic city tours, is analyzing the relationship between the sales revenue from historic city tours and the size of the city. She gathers data from six cities in which the tours are offered. Annie's dependent variable is annual sales revenues and her independent variable is the city population. Regression analysis of the data yielded the following tables:   The numerical value of the correlation coefficient between the historic city tour sales and the size of city population is ___.
A) 0.969785 
B) 0.940483 
C) 0.224675 
D) -0.14156 
E) 1.000000

Quizplus · Accepted Answer

The Answer of Annie Mikhail, market analyst for a national company specializing in historic city tours, is analyzing the relationship between the sales revenue from historic city tours and the size of the city. She gathers data from six cities in which the tours are offered. Annie's dependent variable is annual sales revenues and her independent variable is the city population. Regression analysis of the data yielded the following tables:   The numerical value of the correlation coefficient between the historic city tour sales and the size of city population is ___.
A) 0.969785 
B) 0.940483 
C) 0.224675 
D) -0.14156 
E) 1.000000

Annie Mikhail, Market Analyst for a National Company Specializing in Historic