Question

For the following data (a) display the data in a scatter plot, (b) calculate the sample correlation coefficient r, and (c) make a conclusion about the type of correlation. Use technology. The eamings per share (in dollars) and the dividends per share (in dollars) for 6 medical supplies companies in a recent year are shown in the data set below. Earnings per share, x 2.74 5.05 Dividends per share,0.56 2.39 4.53 3.02 3.73 2.25 1.46 0.89 1.06 0.27 v (a) Choose the correct scatter plot below. Use technology. O c. O A. O D. O B. 3- U- Eamings/share (in $) Dividends/share (in $) Earnings/share (in $ Eamings/share (in $) (b) The correlation coefficient r is (Round to three decimal places as needed.) (c) Which of the following best describes the type of corelation that exists between earnings per share and dividends per share? Strong positive linear correlation O B. No linear correlation A.

Answer 1

soluhon clkplay Scater plot Sample what the type for the fallouing clate Coefficient abaut corelahion COnclusion of comelalien clividerdls pe earnings per share (in dlollars) and the Companies The in a recent share (in clollars) fer medical in the belaw data year oiu'dends Per 212 per shamre Cai yi yi2 Eqmings share (yi) 0.3136 1.5344 7.5016 2.74 0.S6 S.212 12.0695 2.39 25.So25 S.oS 2.1316 .138 1.46 20.520g 4.53 9-1204 2.6878 6-292 O-89 302 1.1236 13.9129 3-9538 1-06 3-23 0,6075 6,0729 S.0625 0.27 2.25 27.4668 10-1459 81-6268 21.32 Sum below is plot Comrect Seatter Comrect ophon 21.32 3 S533 6 6.6.3 1.105 2 (3-5533) 81-6268

0.9785 O.989 2 () Eyi2 6y 10. 1459 C11or)2 0-4699 69 0.855 riti r (3ss33) (1-1os) 27-4669 O.6514 CoN Caly) caefficient Core lation (6X61) 6.6514 Co.989 2) (0.68ss) O.9606 ie. Comrelatien discnbes the type of Comelaten share andl that best exists The divielends eamings per between per is Share Jinear Comelahon NO oPHon (B is Conrect.