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MS2401 Use of Statistics in Our Daily Life

Pop Quiz 3 (25 minutes) – Solution

Answer
a. There is a strong positive correlation between total attendance and total receipts

b. r = 0.96 and r 2 = 0.92 , and thus, 92% of the variation in total attendance can be
accounted for by the best-fit line

c. No outliers

d. Predictions based on the best-fit line should be reliable within the range of the data
shown. Thus, as always, prediction of total attendance values for total receipts outside
the range of the data points is not a good practice

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