1 A production line in a rolling mill produces lengths of steel.
A random sample of 20 lengths of steel from the production line was selected. The minimum width, \(x\) centimetres, and the minimum thickness, \(y\) millimetres, of each selected length was recorded.
The following summarised information was then calculated from these records.
$$S _ { x x } = 2.030 \quad S _ { y y } = 1.498 \quad S _ { x y } = - 0.410$$
- Calculate the value of the product moment correlation coefficient between \(x\) and \(y\).
- Interpret your value in the context of the question.