What is the correlation coefficient with the following data points: (3, 9), (7, 10), (4, 1)?
Solution:
The correlation coefficient is a measure of the association between two variables. It is used to find the relationship is between data and a measure to check how strong it is.
r = [Σxy - (Σx Σy / n)] / √[(Σx2 - {(Σx)2/n} (Σy2 - {(Σy)2 / n}]
We need to find xy, x2, and y2 for these three points
For (3, 9) - xy = 27, x2 = 9, y2 = 81
For (7, 10) - xy = 70, x2 = 49, y2 = 100
For (4, 1) - xy = 4, x2 = 16, y2 = 1
Σx = 14, Σy = 20, Σxy = 101, Σx2 = 74, Σy2 = 182
Applying this in the correlation coefficient formula for r, we get
r = [(101 - (14 × 20) / 3] / [(74 - (196 / 3)) (182 - (400 / 3))]
⇒ r = (101 - 280/3) / (74 - 65.333) (182 - 133.333)
⇒ r = 7.66 / (2.94) (6.98)
⇒ r = 0.37
You can use the correlation coefficient calculator to verify the answer.
The correlation coefficient with the following data points: (3, 9), (7, 10), (4, 1) is 0.37
What is the correlation coefficient with the following data points: (3, 9), (7, 10), (4, 1)?
Summary:
The correlation coefficient with the given data points: (3, 9), (7, 10), (4, 1) is 0.37
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