QUESTION 24 Below is some of the regression output from a simple regression of the number of wins for a major league baseball team and the size amount of money the team is paying its players...

trying to calculate correlation.

Extracted text: QUESTION 24 Below is some of the regression output from a simple regression of the number of wins for a major league baseball team and the size amount of money the team is paying its players (expressed in millions of S's) SUMMARY OUTPUT Wins v. Team Payroll Regression Statistics Multiple R R Square Adjusted R Square Standard Error Observations 30 ANOVA df MS F Regression ]1032.6 1032.6 13.7 Residual 2109.7 75.3 Total Coefficients Standard Error t Stat P-value Lower 95% Upper 95% Intercept 67.6 4.02 16.8 3.515E-16 59.4 75.9 Payroll 0.249 0.0673 0.0009 0.387 Based on the regression output, what is the correlation between the two variables? (please express your answer using 3 decimal places)