Question

In: Statistics and Probability

The sample data below shows the average temperature (x, in degrees Fahrenheit) and monthly heating bill...

The sample data below shows the average temperature (x, in degrees Fahrenheit) and monthly heating bill (y, in dollars) for 12 recent months. Use Excel to compute the correlation coefficient.

Enter your answer as a decimal rounded to three places.

Correlation coefficient =

Average temperature Monthly
heating bill
29 326
36 295
42 241
58 196
62 154
70 93
74 33
77 0
68 62
57 184
45 263
33 302

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