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Question
If both variables X and Y increase or decrease simultaneously, then the coefficient of correlation will be:
Options
Positive
Negative
Zero
One
Solution
Positive
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Find the coefficient of correlation for the following:
| Cost (₹) | 14 | 19 | 24 | 21 | 26 | 22 | 15 | 20 | 19 |
| Sales (₹) | 31 | 36 | 48 | 37 | 50 | 45 | 33 | 41 | 39 |
Calculate the coefficient of correlation for the ages of husbands and their respective wives:
| Age of husbands | 23 | 27 | 28 | 29 | 30 | 31 | 33 | 35 | 36 | 39 |
| Age of wives | 18 | 22 | 23 | 24 | 25 | 26 | 28 | 29 | 30 | 32 |
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| Description | X | Y |
| Number of pairs of observation | 15 | 15 |
| Arithmetic mean | 25 | 18 |
| Standard deviation | 3.01 | 3.03 |
| Sum of squares of deviation from the arithmetic mean | 136 | 138 |
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| X | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 |
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