Linear correlation between the cpi-cost of a slice of pizza


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.)

CPI and Pizza The paired values of the Consumer Price Index (CPI) and the cost of a slice of pizza from Table in the Chapter Problem are listed below. Is there a linear correlation between the CPI and the cost of a slice of pizza?

CPI

30.2

48.3

112.3

162.2

191.9

197.8

Subway fare

0.15

0.35

1

1.25

1.75

2

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