[See Solution] The management of a regional bus line thought its cost of gas might be correlated with its passenger/mile ration. Comment on the data and correlation
Question: The management of a regional bus line thought its cost of gas might be correlated with its passenger/mile ration. Comment on the data and correlation matrix below.
|
Avg. Wholesale
Cost of Gas |
Passenger/Mile Ratio |
| 56.5 | 8.37 |
| 59.4 | 8.93 |
| 63.0 | 9.15 |
|
65.6
89.0 |
9.79
11.20 |
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