Answer to Question #18360 in Statistics and Probability for Jay

Question #18360
What is the value of the correlation coefficient for operating cost per hour and number of
passenger seats in the plane? Interpret this correlation

http://apstatsmonkey.com/StatsMonkey/FRAPPYs_files/Frappy3.pdf
1
Expert's answer
2012-11-12T11:22:19-0500
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.

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