Use the following to answer the question(s) below.
A manager of Kim & Lim corporate strategy department thinks that dollars spent on advertising can to some extent be a predictor of total sales dollars. As an aid in long-term planning, she analyzes the following sales and advertising numbers for 2015 (both in $millions). Information was collected from eight companies of Kim & Lim.

-The sum of the cross-product of the deviations is found as follows: What is the coefficient of the correlation between x (Advertising) and y (Sales)?
A) 0.817
B) 0.647
C) 0.567
D) 0.933
E) 0.206

Question

Use the following to answer the question(s) below.
A manager of Kim & Lim corporate strategy department thinks that dollars spent on advertising can to some extent be a predictor of total sales dollars. As an aid in long-term planning, she analyzes the following sales and advertising numbers for 2015 (both in $millions). Information was collected from eight companies of Kim & Lim.
 
-The sum of the cross-product of the deviations is found as follows:  What is the coefficient of the correlation between x (Advertising) and y (Sales)?
A) 0.817 
B) 0.647 
C) 0.567 
D) 0.933 
E) 0.206

Quizplus · Accepted Answer

The Answer is D

Use the Following to Answer the Question(s) Below