Question

In: Statistics and Probability

Determine the value of the coefficient of correlation, r, for the following data. X 3 6...

Determine the value of the coefficient of correlation, r, for the following data.

X 3 6 7 11 13 17 21
Y 18 13 13 8 7 7 5


(Round the intermediate values to 3 decimal places. Round your answer to 3 decimal places.)


r =

Solutions

Expert Solution

The provided data are shown in the table below

X Y
3 18
6 13
7 13
11 8
13 7
17 7
21 5

Also, the following calculations are needed to compute the correlation coefficient:

X Y X*Y X2 Y2
3 18 54 9 324
6 13 78 36 169
7 13 91 49 169
11 8 88 121 64
13 7 91 169 49
17 7 119 289 49
21 5 105 441 25
Sum = 78 71 626 1114 849

The correlation coefficient r is computed using the following expression:

where

In this case, based on the data provided, we get that

Therefore, based on this information, the sample correlation coefficient is computed as follows

which completes the calculation.


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