Question

In: Statistics and Probability

Find the value of the linear correlation coefficient r. Round to 3 decimal places. Table 2...

Find the value of the linear correlation coefficient r. Round to 3 decimal places.

Table 2
x 17 20.6 21.4 34 47 25 26
y 12 19 10 17 18 17 16

Solutions

Expert Solution

Given is a table of values of variables x and y, here we need to find the linear correlation coefficient r.

No. xi yi
1 17 12
2 20.6 19
3 21.4 10
4 34 17
5 47 18
6 25 17
7 26 16

Correlation Coefficient

The correlation coefficient gives us the degree of linear relationship between two variables X and Y. It is given by,

r=-1, there is high negative correlation between the variables x and y.

r=0, there is no correlation between the variables x and y.

r=1, there is high positive correlation between the variables x and y.

Coming back to our problem

The table of calculation is provided below,

No. xi yi (xi-x̄)^2 (yi-ȳ)^2 (xi-x̄)*(yi-ȳ)
1 17 12 105.7959 12.7551 36.7347
2 20.6 19 44.6988 11.7551 -22.9224
3 21.4 10 34.6416 31.0408 32.7918
4 34 17 45.0816 2.0408 9.5918
5 47 18 388.6531 5.898 47.8776
6 25 17 5.2245 2.0408 -3.2653
7 26 16 1.6531 0.1837 -0.551
Total 191 109 625.7486 65.7143 100.2572

We know that,

Hence the value of the linear correlation coefficient,


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