In an effort to determine whether any correlation exists betweenthe price of stocks of airlines, an analyst sampled six days ofactivity of the stock market. Using the following prices of Deltastock and Southwest stock, compute the coefficient of correlation.Stock prices have been rounded off to the nearest tenth for ease ofcomputation.
Delta | Southwest |
47.6 | 15.1 |
46.4 | 15.4 |
50.6 | 16.1 |
52.6 | 15.6 |
52.4 | 16.4 |
53.2 | 18.1 |