Question

Silver Springs Moving and Storage Inc. is studying the relationship between the number of rooms in a move and the number of labor hours required for the move. Compute a correlation coefficient.
Rooms Labor hours Rooms Labor hours

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Answer 1

Answer:

Silver Springs Moving and Storage Inc. is studying the relationship between the number of rooms in a move and the number of labor hours required for the move. As part of the analysis, the CFO of Silver Springs developed the following scatter diagram. a. How many moves are in the sample? b. Does it appear that more labor hours are required as the number of rooms increases, or do labor hours decrease as the number of rooms increases?

Answer

The scatter plot is a technique used for the visual representation of the data and is used by the firms, government, organizations, corporations to find a positive or a negative relationship between the two categories taken on the horizontal and the vertical axis. The scatter plot is essentially important for knowing the relationship between the two variables.

Explanation:

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Answer 2

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Silver Springs Moving and Storage Inc. is studying the relationship between the number of rooms in a move and the number of labor hours required for the move. Compute a correlation coefficient. Rooms Labor hours ROOMS 2.5 15 8 Labor hours 17 18 35 28 19 1.5 1.5 16 17 15 16 4.5 40 2.5 2.5 24 Correlation coefficient