Pearson Correlation Use the Pearson Correlation to analyze the data below. 1. Report the strength (number)...

Pearson Correlation

Use the Pearson Correlation to analyze the data below.

1. Report the strength (number) of the correlation (2 points).

2. Is the correlation statistically significant (alpha .05 two-tailed)? (3 points)

income $	fireworks $
5000	500
10000	450
15000	400
20000	350
25000	300
30000	250
35000	200
40000	150
45000	100
50000	50
55000	25
60000	20
65000	15
70000	10
75000	5
80000	2
85000	1
90000	0
95000	0
100000	0
105000	0
110000	0
115000	0
120000	0
125000	0
130000	0
135000	0
140000	0
145000	0

Expert Solution

orchestra answered 2 years ago

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