The correlation coefficient between X and Y is 0.4. What will be the value of
correlation coefficient if 5 is added in each observation of X and 10 is multiplied to
each observation of Y?
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Step-by-step explanation:
- Step 1: Find the mean of x, and the mean of y.
Step 2: Subtract the mean of x from every x value (call them "a"), and subtract the mean of y from every y value (call them "b")
Step 3: Calculate: ab, a2 and b2 for every value.
Step 4: Sum up ab, sum up a2 and sum up b.
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