The following display from a graphing calculator presents the least-squares regression line for predicting the price of a certain commodity (y) from the price of a barrel of oil (x). What is the correlation between the oil price and the commodity price?
A) 0.76153
B) 0.59
C) 5.04
D) 0.57993

Question

The following display from a graphing calculator presents the least-squares regression line for predicting the price of a certain commodity (y) from the price of a barrel of oil (x).  What is the correlation between the oil price and the commodity price?
A) 0.76153 
B) 0.59 
C) 5.04 
D) 0.57993

Quizplus · Accepted Answer

The Answer of The following display from a graphing calculator presents the least-squares regression line for predicting the price of a certain commodity (y) from the price of a barrel of oil (x).  What is the correlation between the oil price and the commodity price?
A) 0.76153 
B) 0.59 
C) 5.04 
D) 0.57993

The Following Display from a Graphing Calculator Presents the Least-Squares