Sarah is the office manager for a group of financial advisors who provide financial services for individual clients. She would like to investigate whether a relationship exists between the number of presentations made to prospective clients in a month and the number of new clients per month. The following table shows the number of presentations and corresponding new clients for a random sample of six employees. Employee 1 234 Presentations 7 9 19 10 New Clients 2 3 14 13

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter4: Equations Of Linear Functions
Section4.5: Correlation And Causation
Problem 24PFA
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Sarah is the office manager for a group of financial advisors who provide financial services for individual
clients. She would like to investigate whether a relationship exists between the number of
presentations made to prospective clients in a month and the number of new clients per month. The
following table shows the number of presentations and corresponding new clients for a random sample
of six employees.
Employee
1
2
3
5
0.167
3
5
6
3
The correlation coefficient for this data is
0.403
0.323
Presentations
0.516
7
19
19
10
11
New Clients
2
3
14
12
Transcribed Image Text:Sarah is the office manager for a group of financial advisors who provide financial services for individual clients. She would like to investigate whether a relationship exists between the number of presentations made to prospective clients in a month and the number of new clients per month. The following table shows the number of presentations and corresponding new clients for a random sample of six employees. Employee 1 2 3 5 0.167 3 5 6 3 The correlation coefficient for this data is 0.403 0.323 Presentations 0.516 7 19 19 10 11 New Clients 2 3 14 12
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