MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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Oil and Gas Prices The average gasoline price per gallon (in cities) and the cost of a barrel of oil are shown for a random selection of weeks from
2009-2010.
Is there a linear relationship between the variables?
Oil ($)
|
60.33
|
87.09
|
78.12
|
82.91
|
64.76
|
69.58
|
---|---|---|---|---|---|---|
Gasoline ($)
|
2.188
|
2.350
|
2.625
|
2.627
|
2.489
|
2.791
|
Part 1 of 5
Your Answer is correct
(a)Draw the scatter plot for the variables.
Oil and Gas Prices | |
Gas Prices
|
y
0.5
1
1.5
2
2.5
3
3.5
4
4.5
x
10
20
30
40
50
60
70
80
90
0
|
Oil Prices |
Part: 1 / 5
1 of 5 Parts Complete
Part 2 of 5
Your Answer is incorrect
(b)Compute the value of the correlation coefficient . Round your answer to at least three decimal places.
r=?
|
|
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