Question

A magazine tested LCD televisions. The table below shows the overall quality score and cost in...

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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