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are annual data for various years. the data are the numbers of cars sol…

Question

are annual data for various years. the data are the numbers of cars sold (thousands) and the numbers of d in the super bowl. construct a scatterplot, find the value of the linear correlation coefficient r, and find using α=0.05. is there sufficient evidence to conclude that there is a linear correlation between those s? would it be reasonable to expect a correlation? les 8173 8214 8515 8995 8635 8535 8273 8145 bowl points 60 70 44 76 43 55 54 53 ear correlation coefficient is r= to three decimal places as needed.)

Explanation:

Step1: Identify Variables

Let \( x \) be Car Sales (thousands) and \( y \) be Super Bowl Points. The data points are:
\( x: [8173, 8214, 8515, 8995, 8635, 8535, 8273, 8145] \)
\( y: [60, 70, 44, 76, 43, 55, 54, 53] \)

Step2: Calculate Necessary Sums

  • \( \sum x = 8173 + 8214 + 8515 + 8995 + 8635 + 8535 + 8273 + 8145 = 67485 \)
  • \( \sum y = 60 + 70 + 44 + 76 + 43 + 55 + 54 + 53 = 455 \)
  • \( \sum xy = (8173×60)+(8214×70)+(8515×44)+(8995×76)+(8635×43)+(8535×55)+(8273×54)+(8145×53) \)

\( = 490380 + 574980 + 374660 + 683620 + 371305 + 469425 + 446742 + 431685 = 3842797 \)

  • \( \sum x^2 = 8173^2 + 8214^2 + 8515^2 + 8995^2 + 8635^2 + 8535^2 + 8273^2 + 8145^2 \)

\( = 66807929 + 67469796 + 72505225 + 80910025 + 74563225 + 72846225 + 68442529 + 66341025 = 571886989 \)

  • \( \sum y^2 = 60^2 + 70^2 + 44^2 + 76^2 + 43^2 + 55^2 + 54^2 + 53^2 \)

\( = 3600 + 4900 + 1936 + 5776 + 1849 + 3025 + 2916 + 2809 = 26811 \)

Step3: Use Correlation Coefficient Formula

The formula for \( r \) is:

$$ r = \frac{n\sum xy - (\sum x)(\sum y)}{\sqrt{[n\sum x^2 - (\sum x)^2][n\sum y^2 - (\sum y)^2]}} $$

where \( n = 8 \).

  • Numerator: \( 8×3842797 - 67485×455 = 30742376 - 30705675 = 36701 \)
  • Denominator part 1: \( 8×571886989 - 67485^2 = 4575095912 - 4554225225 = 20870687 \)
  • Denominator part 2: \( 8×26811 - 455^2 = 214488 - 207025 = 7463 \)
  • Denominator: \( \sqrt{20870687×7463} \approx \sqrt{155757000000} \approx 124802.64 \)
  • \( r = \frac{36701}{124802.64} \approx 0.294 \)

Answer:

\( r \approx 0.294 \)