More than Just Lines on a Map: Best Practices for U.S Bike Routes
Kushal arora
1. Kushal Arora, a second year MBA student, is doing a study of companies going
public for the first time. He is curious to see whether or not there is a significant
relationship between the sizes of the offering (in crores of rupees) and the price per
share after the issue. The data are given below:
Size (in crore of rupees) 108 39 68.40 51 10.40 4.40
Price (in rupees) 12 13 19 12 6.50 4
Question
You are required to calculate the coefficient of correlation for the above data set and
comment what conclusion Kushal should draw from the sample