if sigma xi=100, sigma yi=140, sigma(xi-10) (yi-15) = 60 and n= 10, find the covariance between x and y.
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Question:
If n=10,∑x=50,∑y=−30,∑x^2=290,∑y^2=300,∑xy=−115, then find the coefficient of correlation
Answer:
Given that: n=10
∑x=50,∑y=−30
∑x
2
=290,∑y
2
=300,
∑xy=−115
Formula :
= n∑xy-∑x.∑y/✓n∑x^2-(∑x)^2.✓n.∑y^2-(∑y)^2
r=[10*(-115)]-[50*(-30)] / ✓10*290-(50)^2.✓10*300-(-30)^2
= -1150+1500/✓2900−2500.✓3000−900
=350/✓400.✓2100
=350/20*10✓21
= 7/4✓21
=0.381
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