Find the correlation coefficient of the following linear equation. For your r-value, use the first two decimal places.
y = 4/3x - 4
The correlation coefficient, denoted as r, is a measure of the strength and direction of a linear relationship between two variables.
In the equation y = 4/3x - 4, the coefficient of x is 4/3. Since this is a linear equation, the correlation coefficient is equal to the slope of the line, which is also 4/3.
Therefore, the correlation coefficient for the equation y = 4/3x - 4 is 0.67.