continuing from : https://www.bartleby.com/questions-and-answers/the-director-of-a-shipping-company-believes-that-there-is-a-relationship-between-the-cost-of-a-custo/1e628848-c...

continuing from : https://www.bartleby.com/questions-and-answers/the-director-of-a-shipping-company-believes-that-there-is-a-relationship-between-the-cost-of-a-custo/1e628848-c280-4972-a21b-5454693b3fcd

Extracted text: 9 / 22 109% + iii. Using the results in part (b)i. and ii. above, and the following result > XY = 4,566, calculate the product-moment correlation coefficient between the cost of a customer's shipment (£) and the weight of the package being shipped. Your result should be accurate to three decimal places. (c) If the cost of each customer's shipment (Y is reduced by £5, would this affect the value of the product-moment correlation coefficient? Explain. [Note that there is no need for any further calculations.] Question B1 continues next page MSO1625/Main/Resit/2020-2021/August 2021 208C