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Slope of the Equation Line

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(a) Make a scatter plot of the data. What does it suggest about the correlation between X and Y? (b) Use Excel, MegaStat, or MINITAB to calculate the correlation coefficient. Also calculate the slope of the equation line.

12.4 Moviegoer Spending ($) on Snacks Movies
Age (X) Spent (Y)
30 2.85
50 6.50
34 1.50
12 6.35
37 6.20
33 6.75
36 3.60
26 6.10
18 8.35
46 4.35.

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Solution Summary

The slope of an equation line is examined. Excel is used to calculate the correlation coefficient is determined.

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12.4 Moviegoer Spending ($) on Snacks Movies
Age (X) Spent (Y)
30 2.85
50 6.50
34 1.50
12 6.35
37 6.20
33 6.75
36 ...

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  • MPhil, Institute of Advanced Studies
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