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Tamil Nadu Board of Secondary EducationHSC Commerce Class 11

Find the coefficient of correlation for the following: X 78 89 96 69 59 79 68 62 Y 121 72 88 60 81 87 123 92 - Business Mathematics and Statistics

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Question

Find the coefficient of correlation for the following:

X 78 89 96 69 59 79 68 62
Y 121 72 88 60 81 87 123 92
Sum

Solution

X Y dx = X − 75 dy = Y − 90 dx2 dy2 dxdy
78 121 3 31 9 961 93
89 72 14 − 18 196 324 − 252
96 88 21 − 2 441 4 − 42
69 60 − 6 − 30 36 900 180
59 81 − 16 − 9 256 81 144
79 87 4 − 3 16 9 − 12
68 123 − 7 33 49 1089 − 231
62 92 − 13 2 169 4 − 26
600 724 0 4 1172 3372 − 146

N = 8, ΣX = 600, ΣY = 724, Σdx2 = 1172, Σdy2 = 3372, Σdxdy = − 146

Correlation coefficient

r = `("N"sum"dxdy" - sum"dx"sum"dy")/(sqrt("N"sum"dx"^2 - (sum"dx")^2) sqrt("N"sum"dy"^2 - (sum"dy")^2))`

= `(8(-146) - 0(4))/(sqrt(8 xx 1172 - 0) sqrt(8 xx 3372 - 16))`

= `(-1168)/(96.83 xx 164.2)`

= − 0.0735

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Correlation
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Chapter 9: Correlation and Regression Analysis - Exercise 9.1 [Page 218]

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Samacheer Kalvi Business Mathematics and Statistics [English] Class 11 TN Board
Chapter 9 Correlation and Regression Analysis
Exercise 9.1 | Q 6 | Page 218
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