Essay
Use the data provided in the table below to answer the question. The table shows city size and annual grocery expenditures for eight families. City size is in thousands and expenditures is in hundreds of dollars.
-Suppose each of these families is given a grocery credit of $100, therefore reducing expenditures in the table by one unit (since this variable was recorded in hundreds of dollars). Estimate the new correlation with city size. What happens to the correlation when a constant is added (in this case - 100 dollars is added to each number)? Explain your reasoning.
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