b-1. Compute the coefficient of correlation. (Round your answer to 3 decimal places. Negative amount should be indicated by a minus sign.) Book Hint Print ferences b-2. Compute the coefficient of...

I need help with B-1 and B-2

Extracted text: b-1. Compute the coefficient of correlation. (Round your answer to 3 decimal places. Negative amount should be indicated by a minus sign.) Book Hint Print ferences b-2. Compute the coefficient of determination. (Round your answer to 3 decimal places.) c. Give a description of the degree of association between the variables. There is very little association between the variables. Graw < prev="" 10="" of="" 10="" next="" 18e.xlsx="" ch13="" 40="">


Extracted text: We are studying mutual bond funds for the purpose of investing in several funds. For this particular study, we want to focus on the assets of a fund and its 5-year performance. The question is: Can the 5-year rate of return be estimated based on the assets of the fund? Nine mutual funds were selected at random, and their assets and rates of return are as follows: Assets Return Assets Return ($ millions) $622.2 160.4 ($ millions) $494.5 (8) Fund (8) 11.6 Fund AARP High Quality Bond Babson Bond L 10.8 MFS Bond A 11.3 11.4 Nichols Income T. Rowe Price Short-term 158.3 9.5 Compass Capital Fixed Income Galaxy Bond Retail Keystone Custodian B-1 275.7 681.0 8.2 433.2 437.9 Thompson Income B 9.1 241.3 6.8 9.2 E Click here for the Excel Data File ces a. Draw a scatter diagram. 1. On the graph below, use the point tool to plot the point corresponding to the first Assets and her Return (Asset 1). 2. Repeat the process for the remainder of the sample (Asset 2, Asset 3, ... ). 3. To enter exact coordinates, double-click on the point and enter the exact coordinates of x and y. Asset 1 15 Asset 2 < prev 10 of 10 next isx ch13 40 18e.xlsx prev="" 10="" of="" 10="" next="" isx="" ch13="" 40="">