In: Statistics and Probability
1. Determine the Pearson product-moment correlation coefficient
for the following data.
| 
 x  | 
1 | 11 | 9 | 7 | 4 | 3 | 2 | 
|---|---|---|---|---|---|---|---|
| 
 y  | 
10 | 4 | 4 | 5 | 7 | 7 | 8 | 
Correlation coefficient, r = enter the Correlation coefficient rounded to 3 decimal places
2.
People in the aerospace industry believe the cost of a space
project is a function of the mass of the major object being sent
into space. Use the following data to develop a regression model to
predict the cost of a space project by the mass of the space
object. Determine r2 and
se.
| 
 Weight (tons)  | 
 Cost ($ millions)  | 
|---|---|
| 
 1.897  | 
$ 53.6 | 
| 
 3.019  | 
184.8 | 
| 
 0.453  | 
6.4 | 
| 
 0.960  | 
23.5 | 
| 
 1.058  | 
34.3 | 
| 
 2.100  | 
110.4 | 
| 
 2.394  | 
104.6 | 
*(Do not round the intermediate values. Round your
answers to 4 decimal places.)
**(Round the intermediate values to 4 decimal places. Round
your answer to 3 decimal places.)
ŷ = enter a number rounded to 4 decimal
places  * + enter a number rounded to 4
decimal places * x
r2 = enter a number rounded to 3 decimal
places  **
se = enter a number rounded to 3 decimal
places