Question

The Pepsi Corporation wants to explore the relationship between the daily temperature in California and the...

The Pepsi Corporation wants to explore the relationship between the daily temperature in California and the quantity of soft drinks that it sells at Dadger’s Baseball Stadium. The average daily temperature for 12 randomly selected days and the quantity of soft drinks sold on each of these days are given below:

Average Daily Temperature

            70
            75
            80
            90
            93
            98
            72
            75
            75
            80
            90
            95

Quantity Sold (thousands)

           30
           28
           40
           52
           57
           54
           27
           38
           32
           46
           49
           51

a) Compute the coefficient of correlation. Interpret its significance.

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