[See Steps] Stocks and Super Bowl The Dow Jones Industrial Average (DJIA) high values and the total number of points scored in the Super Bowl were recorded
Question: Stocks and Super Bowl The Dow Jones Industrial Average (DJIA) high values and the total number of points scored in the Super Bowl were recorded for 21 different years. Excel was used to find that the value of the linear correlation coefficient is \(r=-0.133\)
- Is there a linear correlation between DJIA high value and Super Bowl points? Explain.
- What proportion of the variation in Super Bowl points can be explained by the variation in the high value of the DJIA?
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