Question

In: Statistics and Probability

Given the following sample observations, draw a scatter diagram on a separate piece of paper. X:...

Given the following sample observations, draw a scatter diagram on a separate piece of paper.

X: −9 −14 13 1 16
Y: 51 243 159 4 338

Compute the correlation coefficient. (Round your answer to 3 decimal places.)

Try squaring the x variable and then determine the correlation coefficient. (Round your answer to 3 decimal places.)

Solutions

Expert Solution

X Values
∑ = 30
Mean = 6
∑(X - Mx)2 = SSx = 246

Y Values
∑ = 795
Mean = 159
∑(Y - My)2 = SSy = 74786

X and Y Combined
N = 5
∑(X - Mx)(Y - My) = 2709

R Calculation
r = ∑((X - My)(Y - Mx)) / √((SSx)(SSy))

r = 2709 / √((246)(74786)) = 0.632

Now converting x to x^2 we get

X Values
∑ = 703
Mean = 140.6
∑(X - Mx)2 = SSx = 40233.2

Y Values
∑ = 795
Mean = 159
∑(Y - My)2 = SSy = 74786

X and Y Combined
N = 5
∑(X - Mx)(Y - My) = 53385

R Calculation
r = ∑((X - My)(Y - Mx)) / √((SSx)(SSy))

r = 53385 / √((40233.2)(74786)) = 0.973


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