If cov(x,y)=100;v(x)=400,s.d(y)=5 find rxy
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Answer:
Cov(x,y)=30
V(x)=25
V(y)=144
As we know formula of Corelation coefficient is:−
Let r be Corelation coefficient of x,y
Then,
r=
V(x)×V(y)
Covariance(x,y)
on solving:−
⇒r=
25×144
30
⇒r=0.5
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