Using Karl Pearson's coeffcént of correlation method ,find out correlation between series X and series Y by actual mean method .
X Y
10 12
20 14
30 16
40 18
50 20
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Hi my dear friend,
Karl Pearson's Coefficient of Correlation. Definition: Karl Pearson's Coefficient of Correlation is widely used mathematical method wherein the numerical expression is used to calculate the degree and direction of the relationship between linear related variables. ... The coefficient of correlation is denoted by “r”.
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