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The correlation coefficient for the costs and sizes of storage container is 0.55. How
are the costs and sizes of the containers related?


Sagot :

Answer:

There is a positive correlation between both variables.

Step-by-step explanation: That is to say, the relation between the cost and the size of the storage containers is growing.

As the size of the container increases the cost also increases.

The closer the correlation coefficient is to 1, the stronger is the positive relationship between the variables, in this case r = 0.52, so it could be concluded that the relationship between the variables is a medium positive correlation