Given the data set, where X represents # clients (K) and Y represents value of stock portfolio (M)
X | 3.7 | 4.2 | 5.6 | 5.2 | 4.6 |
Y | 5.7 | 5.9 | 9.5 | 10.7 | 7.6 |
Use 3 decimal place accuracy
a. compute the correlation coefficient
b. slope of the regression equation
c. y-intercept
The statistical software output for this problem is :
(a) correlation coefficient = 0.907
(b) slope of the regression equation = 2.623
(c) y-intercept = -4.346
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