the table shows the number of flowers in four bouquets and the total cost of each bouquet. what is the…

the table shows the number of flowers in four bouquets and the total cost of each bouquet. what is the correlation coefficient for the data in the table? cost of bouquets number of flowers in the bouquet total cost 8 $12 12 $40 6 $15 20 $20 -0.57 -0.28 0.28 0.57

the table shows the number of flowers in four bouquets and the total cost of each bouquet. what is the correlation coefficient for the data in the table? cost of bouquets number of flowers in the bouquet total cost 8 $12 12 $40 6 $15 20 $20 -0.57 -0.28 0.28 0.57

Answer

Explanation:

Step1: Recall correlation - coefficient formula

The formula for the correlation coefficient $r$ is $r=\frac{n(\sum xy)-(\sum x)(\sum y)}{\sqrt{[n\sum x^{2}-(\sum x)^{2}][n\sum y^{2}-(\sum y)^{2}]}}$. Let $x$ be the number of flowers and $y$ be the total cost.

  1. Calculate $\sum x$:
    • $x_1 = 8$, $x_2=12$, $x_3 = 6$, $x_4=20$. So, $\sum x=8 + 12+6 + 20=46$.
  2. Calculate $\sum y$:
    • $y_1 = 12$, $y_2 = 40$, $y_3=15$, $y_4 = 20$. So, $\sum y=12 + 40+15 + 20=87$.
  3. Calculate $\sum xy$:
    • $x_1y_1=8\times12 = 96$, $x_2y_2=12\times40 = 480$, $x_3y_3=6\times15 = 90$, $x_4y_4=20\times20 = 400$.
    • $\sum xy=96 + 480+90 + 400=1066$.
  4. Calculate $\sum x^{2}$:
    • $x_1^{2}=8^{2}=64$, $x_2^{2}=12^{2}=144$, $x_3^{2}=6^{2}=36$, $x_4^{2}=20^{2}=400$.
    • $\sum x^{2}=64 + 144+36 + 400=644$.
  5. Calculate $\sum y^{2}$:
    • $y_1^{2}=12^{2}=144$, $y_2^{2}=40^{2}=1600$, $y_3^{2}=15^{2}=225$, $y_4^{2}=20^{2}=400$.
    • $\sum y^{2}=144+1600 + 225+400=2369$.
    • Here, $n = 4$.

Step2: Substitute values into the formula

  1. Calculate the numerator:
    • $n(\sum xy)-(\sum x)(\sum y)=4\times1066-46\times87=4264 - 4002=262$.
  2. Calculate the first - part of the denominator:
    • $n\sum x^{2}-(\sum x)^{2}=4\times644-46^{2}=2576 - 2116 = 460$.
  3. Calculate the second - part of the denominator:
    • $n\sum y^{2}-(\sum y)^{2}=4\times2369-87^{2}=9476 - 7569=1907$.
    • The denominator is $\sqrt{460\times1907}=\sqrt{877220}\approx936.6$.
    • $r=\frac{262}{936.6}\approx0.28$.

Answer:

0.28