Question regarding the pearson correlation

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Reference no: EM131007247

Basebal salaries 2009. Baseball is big business, and the top salaries have become quite large. The highest salaries (in millions of dollars per season) for some notable players since 1980 are given in the following table:

300 350 400 450 500 550

Quarterly Housing Starts (Thousands)

a) Would Kendall's t or Pearson correlation be the more appropriate summary? Explain.

b) What could we learn from Kendall's tau that we wouldn't learn from the Pearson correlation?

Reference no: EM131007247

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