STEP 4yY2XV13467Ex=ΣΥ-EX=EY2 =ΣΧΥ-STEP 5STEP 6. DECISION BANK OF COMMERCE IS STUDYING THE RELATIONSHIP BETWEEN THEMEAN ACCOUNT BALANCE FOR INDIVIDUAL ACCOUNTS AND THENUMBER OF TRANSACTIONS PER MONTH. AS SAMPLE OF EIGHTREVEALED:|CUSTOMER17MEAN BALANCE5032532415101627(PO00S)NO. OF2710411TRANSACTIONSFIND THE COEFFICIENTS OF CORRELATION. DETERMINE AT THE 0.01SIGNIFICANCE LEVEL WHETHER THE CORRELATION IN THE POPULATION ISGREATER THAN ZEROSTEP 1.STEP 2STEP 34.3.2.

Followings are the Answer of the question

BANK OF COMMERCE IS STUDYING THE RELATIONSHIP BETWEEN THE MEAN ACCOUNT BALANCE FOR INDIVIDUAL ACCOUNTS AND THE NUMBER OF TRANSACTIONS PER MONTH. AS SAMPLE OF EIGHT REVEALED: CUSTOMER 2 4 6. 7 MEAN BALANCE 50 32 53 24 15 10 16 27 (PO005) NO. OF 5. 7 9. 10 4 11 TRANSACTIONS FIND THE COEFFICIENTS OF CORRELATION. DETERMINE AT THE 0.01 SIGNIFICANCE LEVEL WHETHER THE CORRELATION IN THE POPULATION IS GREATER THAN ZERO 2. 3. 2. 1.