Answer to Question #18360 in Statistics and Probability for Jay
What is the value of the correlation coefﬁcient for operating cost per hour and number of
passenger seats in the plane? Interpret this correlation
corellation = (r(a1)- average(r(a1)))* (r(a2)- average(r(a2)))/standarddeviation1*standard deviation 2 = (290.7)*(-830.833)/1226*4.027 = -48.92 Among perating cost per hour and number of passenger seats exist strong and indirect relation.