Find number of pairs of observations from the following data.
= - 0.4, Ex = 100, Ex2 = 2250, Ey = 100, Ey = 2250, Exy = 1900.
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Answer:
11th
Economics
Correlation
Correlation Coefficient
For 10 pairs of observation...
STATISTICS
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Asked on October 15, 2019 by
Yoga Baghla
For 10 pairs of observation on two variables x and y, the following data are available.
∑(x−2)=30,∑(y−5)=40,∑(x−2)
2
=900.
∑(y−5)
2
=800,∑(x−2)(y−5)=480.
Find the correlation coefficient between x and y
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VIDEO EXPLANATION
ANSWER
Let x=x
i
and y=y
i
Let u
i
=x
i
−2 and v
i
=y
i
−5
Then it is given that,
n=10,∑u
i
=30,∑v
i
=40,∑u
i
2
=900,∑v
i
2
=800,∑u
i
v
i
=480
∴
u
=
n
∑u
i
=
10
30
=3
v
=
n
∑vi
=
10
40
=4
Since the correlation coefficient is independent of change of origin and scale, correlation coefficient between x and y is
r(x,y)=r(u,v)
=
n
1
∑u
i
2
−(
u
)
2
⋅
n
1
∑v
i
2
−(
v
2
)
n
1
∑u
i
v
i
−
u
v
=
10
900
−(3)
2
⋅
10
800
−(4)
2
10
480
−3×4
=
81
⋅
64
48−12
=
9×8
36
=
8
4
=0.5