3. James Madison University wants to empirically investigate there is a correlation between a faculty members student pe

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3 James Madison University Wants To Empirically Investigate There Is A Correlation Between A Faculty Members Student Pe 1 (81.95 KiB) Viewed 26 times

3. James Madison University wants to empirically investigate there is a correlation between a faculty members student performance rating and their corresponding wage increase for the year 2019 to 2020. The performance rating scale is from 1 to 20 and the raise is in dollars ($). A random sample of ten (10) faculty members score and raise is reported in the following table. Performance Rating Raise (S) 16 18 12 13 17 15 15 17 16 14 INNNNN 00 $ 2,400 2,500 1,800 1,700 1,400 2,000 2,600 2,000 1,900 2,300 a. Calculate the simple (Pearson) correlation coefficient between faculty performance rating and their raise. b. Interpret the correlation coefficient you constructed.