How much is a college degree worth? The 2010 annual salaries in dollars for a random sample of females who are 25 years old and older given their years of education are shown below. Years of Education:   18 16 14 12 10 15 13 18 12 16 16 Annual Salary (in Dollars):   52,866    40,393    27,062    21,427    14,470    41,010   31,376   79,962   21,387   39,925 57,815  Is there a linear relationship between educational attainment and annual salary?  a. Draw the scatterplot for the variables.  b. Describe the relationship, if any, shown by the scatterplot.  c. Calculate r, the correlation coefficient.  How does the correlation coefficient compare to the relationship you saw in the scatterplot?

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How much is a college degree worth? The 2010 annual salaries in dollars for a random sample of females who are 25 years old and older given their years of education are shown below.


Years of Education:   18 16 14 12 10 15 13 18 12 16 16

Annual Salary (in Dollars):   52,866    40,393    27,062    21,427    14,470    41,010   31,376   79,962   21,387   39,925 57,815 

Is there a linear relationship between educational attainment and annual salary? 

a. Draw the scatterplot for the variables. 

b. Describe the relationship, if any, shown by the scatterplot. 

c. Calculate r, the correlation coefficient

How does the correlation coefficient compare to the relationship you saw in the scatterplot?

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