Q7.A company studied the relationship between advertising expenditure (X) and sales revenue (Y) across 12 months. Summary statistics are given.
Also, the sum of product of deviations of X and Y from their respective means is 160. Compute the correlation coefficient between advertising expenditure and sales revenue. Enter the answer correct to one decimal place.
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Q7
26 Oct 2025
Q7.A company studied the relationship between advertising expenditure (X) and sales revenue (Y) across 12 months. Summary statistics are given.
Also, the sum of product of deviations of X and Y from their respective means is 160. Compute the correlation coefficient between advertising expenditure and sales revenue. Enter the answer correct to one decimal place.