The accompanying data represent the total compensation for 12 randomly selected chief executive officers (CEO) and the company's stock performance in a recent year.
Company Compensation ($mil) Stock Return
(%)
Company A 14.52 75.46
Company B 4.07 64.01
Company C 7.15 142.09
Company D 1.07 32.67
Company E 1.93 10.67
Company F 3.79 30.69
Company G 12.01 0.75
Company H 7.58 69.39
Company I 8.44 58.65
Company J 4.06 55.91
Company K 20.89 24.29
Company L 6.61 32.23
(c) Determine the linear correlation coefficient between compensation and stock return.
r=____?
(round to three decimal places as needed)
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