Tuesday, 20 July 2021 7:17 pm

TOTAL
sales (x) 100 200 450 250 300 150 500 1950
GDP (Y) 0.07 0.065 0.015 0.05 0.045 0.06 0.01 0.315
XY 7 13 6.75 12.5 13.5 9 5 66.75
X ^2 10000 40000 202500 62500 90000 22500 250000 677500
Y^2 0.0049 0.004225 0.000225 0.0025 0.002025 0.0036 0.0001 0.017575

The correlation coefficient of r = -0.9838 implies that there is a very strong and negative correlation
between sales (x) and change in GDP (y). So the data indicate that as sales increase, GDP changes tend
to decrease (negative correlation). Also, within the range of the data, we can expect sales to be a good
predictor of changes in 1GDP (strong correlation).

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score 1 - 20 21 - 40 41 - 60 61 - 80 81 - 100 Total
frequency (f) 1 3 13 9 4 30
midpoint (x) 10.5 30.5 50.5 70.5 90.5
fx 10.5 91.5 656.5 634.5 362 1755
fx^2 110.25 2790.75 33153.25 44732.25 32761 113547.5

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