correlation coefficient question

Anonymous
timer Asked: Jun 29th, 2018
account_balance_wallet $15

Question description

12.4. The following data are the claims (in $ millions) for BlueCross BlueShield benefits for nine states, along with the surplus (in $ millions) that the company had in assets in those states.

STATE

CLAIMS

SURPLUS

Alabama

$1,425

$277

Colorado

273

 100

Florida

915

 120

Illinois

1,687

 259

Maine

234

  40

Montana

142

  25

North Dakota

259

  57

Oklahoma

258

  31

Texas

894

 141

Use the data to compute a correlation coefficient, r, to determine the correlation between claims and surplus.

Tutor Answer

RyanTopTutor
School: New York University

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Anonymous
Outstanding Job!!!!

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