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Find out the coefficient of correlation between X and Y series from the data:X 10 12 8 15 20 25 40Y 15 10 6 25 16 12 8

Question

Find out the coefficient of correlation between X and Y series from the data:X 10 12 8 15 20 25 40Y 15 10 6 25 16 12 8
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Solution 1

To find the coefficient of correlation between X and Y series, we need to follow these steps:

Step 1: Calculate the mean (average) of X and Y series. Mean of X = (10+12+8+15+20+25+40)/7 = 18.57 Mean of Y = (15+10+6+25+16+12+8)/7 = 13.14

Step 2: Subtract the mean from each data point in X and Y ser Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.

Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
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