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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.
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