21. If xy = 2800, X = 16, y = 16, n = 10, variance of x is 36 and variance of y is 25
then correlation coefficient r(x, y) is equal to
(2)
(A) 0.95
(B) 0.73
(C) 0.8
(D) 0.65
Answers
Answer:
correlation coefficient r(x, y) is equal to 0.95
Step-by-step explanation:
Given :
Cov (x,y) = 2800
V(x) =36
V(y) = 25
As we know formula of correlation coefficient is :
Let r be Correlation coefficient of x,y
Then
r =
on solving
⇒
⇒
⇒
⇒0.95
correlation coefficient r(x, y) is equal to 0.95
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Answer:
The correct answer is option(A).
The value of Correlation coefficient r(x, y) is 0.95
Explanation:
The given values in the question are:
xy = 2800, X = 16, y = 16, n = 10,
variance of x is 36 and
variance of y is 25
We need to compute correlation coefficient r(x, y).
Formula for computing correlation coefficient is:
correlation coefficient = Cov(x, y) / √V(x) X V(y)
Put all values in the above formula
We get,
= 2800/√36 X 25
= 2800/6 X 5
= 2800/30
= 0.95
Hence, 0.95 option (A) is the correct answer.
Additional Knowledge:
- The correlation coefficient is a statistical measure. It is used to find the strength of the relationship between the relative movements of two variables.
- It also shows how one variable moves in relation to another.
- A positive correlation indicates that the both of the variables move in the same direction.
- While a negative correlation coefficient indicates that they move in opposite directions.
- And a correlation of zero indicates no correlation at all.
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