Studies have shown that the frequency with which shoppers browse internet retailers is related to the frequency with which they actually purchase products and/or services online. The following data show respondents age and answer to the question "How many minutes do you browse online retailers per week?
Age (x) Time (Y)
13. 5662
19. 4549
16. 3772
44. 1872
32. 2799
52. 1355
39. 1966
15. 5682
40. 1602
53. 1186
48. 1832
37. 2253
36. 2241
42. 1001
30. 2474
42. 1943
28. 3021
11. 5682
32. 2192
39. 1784
23. 2707
37. 1801
17. 4827
11. 2693
18. 4340
50. 1399
52. 1593
9. 9154
41. 1504
26. 2627
30. 2575
32. 2711
53. 2368
use Data>Data Analysis > Correlation to compute
the correlation checking the label checkbox.
Use the Excel function = Correl to compute the correlation. If
answers for # 1 and 2 do not agree, there is an error.
The strength of the correlation motivates further
examination.
a. insert Scatter (X, Y) plot linked to the data on this sheet with
Age on the horizontal (X) axis.
b. Add to your chart name, vertical axis label, and
horizontal axis label.
c. Complete the chart by adding Trendline and checking boxes
using data analysis tool the correlation matrix is given as and correlation between Age(x) and Time(Y) is -0.8112
Age(x) | Time(Y) | |
Age(x) | 1 | |
Time(Y) | -0.8112 | 1 |
using the excel function function= correl function the correlation between Age(x) and Time(Y) is -0.8112
(a,b and c) please find the scatter plot
Get Answers For Free
Most questions answered within 1 hours.