Try out our new practice tests completely free!
Solved

# One of the Primary Feeds for Beef Cattle Is CornCompute the Correlation Coefficient Between the Corn Price and the the Following

Question 20
Multiple Choice
Question 20
Multiple Choice

## One of the primary feeds for beef cattle is corn. The following table presents the average price in dollars for a bushel of corn and a pound of ribeye steak for 10 consecutive months$\begin{array} { c c } \hline \text { Corn Price } ( \ / b u ) & \text { Ribeye Price } ( \ / \text { b) } \\\hline 6.40 & 13.20 \\6.08 & 13.21 \\6.11 & 13.30 \\6.37 & 13.55 \\5.91 & 12.57 \\6.22 & 13.37 \\6.49 & 13.54 \\6.20 & 13.37 \\6.00 & 12.88 \\6.04 & 12.71 \\\hline\end{array}$Compute the correlation coefficient between the corn price and the ribeye price.

A)0.815
B)0.965
C)0.664
D)0.185

Choose question tag

10+ million students use Quizplus to study and prepare for their homework, quizzes and exams through 20m+ questions in 300k quizzes.

### Statistics

Explore our library and get Introductory Statistics Homework Help with various study sets and a huge amount of quizzes and questions

Get Free Access Now!
Textbook Solutions

Find all the solutions to your textbooks, reveal answers you would’t find elsewhere

Search By Image

Scan any paper and upload it to find exam solutions and many more

Flashcards

Studying is made a lot easier and more fun with our online flashcards