Question: Examine the computation formula for the sample correlation coefficient r [formulas (1) and (2)]. (a) In the formula for r, if we exchange the symbols

Examine the computation formula for the sample correlation coefficient r [formulas (1) and (2)].
(a) In the formula for r, if we exchange the symbols x and y, do we get a different result or do we get the same (equivalent) result? Explain.
(b) If we have a set of x and y data values and we exchange corresponding x and y values to get a new data set, should the sample correlation coefficient be the same for both sets of data? Explain.
(c) Compute the sample correlation coefficient r for each of the following data sets and show that r is the same for both.
Examine the computation formula for the sample correlation coefficient r
Examine the computation formula for the sample correlation coefficient r

8 1 2 5 2

Step by Step Solution

3.30 Rating (153 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

a We get the same result Notice tha... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Word file Icon

785-M-S-L-R (6484).docx

120 KBs Word File

Students Have Also Explored These Related Statistics Questions!