Share
Explore BrainMass

Finding sample correalation coefficient

Problem:

For major league baseball teams, Is there any relationship between player payroll and mean attendance?

Player Payroll Mean Attendance
1000,000 in thousands
X Y
Anaheim 62.8 28.52
Balfimore 56.5 33.09
Boston 110.2 32.72
Chicago 54.5 20.74
cleveland 74.9 32.35
Detroit 54.4 18.52
Kansas City 49.4 16.3
Minnesota 41.3 23.7
New York 133.4 42.84
Oakland 41.9 26.79
Seathle 86.1 43.7
Tampa Bay 34.7 13.21
Texas 106.9 29.01
Toronto 66.8 20.25

Total 973.8 381.74

What is the value of sample correlation coefficient for these data.

Attachments

Solution Preview

Please refer attached file for complete solution. Work done with the help of equation writer will not print here.

Solution:

Player Payroll Mean Attendance
1000,000 in thousands
X Y XY X^2 Y^2
Anaheim 62.8 28.52 1791.056 3943.84 813.3904
Balfimore 56.5 33.09 ...

Solution Summary

Solution describes the steps for finding sample correlation coefficient between payroll and mean attendance for league baseball teams.

$2.19