A magazine tested LCD televisions. The table below shows the overall quality score and cost in hundreds of dollars. Use the rank correlation coefficient to test for a correlation between the two variables. Use a significance level of
alpha equals α=0.01.
Based on these results, can you expect to get higher quality by purchasing a more expensive LCD television?
Quality nbspQuality |
7171 |
6969 |
6666 |
6565 |
6161 |
5959 |
5555 |
5353 |
5353 |
5151 |
4949 |
|
---|---|---|---|---|---|---|---|---|---|---|---|---|
CostCost |
2424 |
2727 |
3434 |
2222 |
2020 |
1313 |
2424 |
2222 |
1414 |
1313 |
2020 |
Determine the correlation coefficient
r_s = ?
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