Which formula we will use to calculate coefficient of correlation by actual mean method ?
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The Karl Pearson’s product-moment correlation coefficient (or simply, the Pearson’s correlation coefficient) is a measure of the strength of a linear association between two variables and is denoted by r or rxy(x and y being the two variables involved).
This method of correlation attempts to draw a line of best fit through the data of two variables, and the value of the Pearson correlation coefficient, r, indicates how far away all these data points are to this line of best fit.
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- division by variable link and we are going to be in a while back and 1 and
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