Let x be the average number of employees in a group health insurance plan, and let...

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Let x be the average number of employees in a group health insurance plan, and let...

Let x be the average number of employees in a group health insurance plan, and let y be the average administrative cost as a percentage of claims.

x 3 7 15 32 70

y 40 35 30 26 18

Use a calculator to verify that Σx = 127, Σx² = 6207, Σy = 149, Σy² = 4725, and Σxy = 2907.

Compute r. (Round your answer to three decimal places.)
r = 3

math Statistics-And-Probability

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