Question: How is the standard correlation coefficient derived? By using the sum of averages and calculating the overall mean value those averages By using the differences

How is the standard correlation coefficient derived? By using the sum of averages and calculating the overall mean value those averages By using the differences between those individual values and their averages By determining the median income level and calculating the average differences between that median point and the other data points By using the difference between the net value and the average of individual values

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