if the covariance between two variables is 9.4 and variance of series X and series why are 10.6 and 2.5 respectively calculate the coefficient of correlation
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The answer of coefficient of the coorelation is :-
1.83
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1.8
Given:
Co-variance between X and Y = 9.4
Variance of series X = 10.6
Variance of series Y = 2.5
To find:
Coefficient of correlation
Formula:
Coefficient of correlation =
Covariance = = 9.4
Variance of x = 10.6 = =
Variance of y = 2.5 = =
Coefficient of correlation =
=
=
= 1.8
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