Determine linear correlation between size-revenue of casinos


Assignment:

Construct a scatterplot, find the value of the linear correlation coefficient r, and find the critical values of r from Table A-6 using ?? =0 .05. Determine whether there is sufficient evidence to support a claim of a linear correlation between the two variables. (Save your work because the same data sets will be used in Section 10-3 exercises.)

Casino Size and Revenue Listed below are sizes (in thousands of square feet) and revenue (in millions of dollars) from casinos in Atlantic City (based on data from the New York Times). Is there sufficient evidence to conclude that there is a linear correlation between size and revenue of casinos?

Size

160

227

140

144

161

147

141

Revenue

189

157

140

127

123

106

101

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Basic Statistics: Determine linear correlation between size-revenue of casinos
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