Question

Given the data set, where X represents # clients (K) and Y represents value of stock...

  1. 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

Homework Answers

Answer #1

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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