3. The equations of two regression lines obtained in a correlation analysis of 60 observations are 5x = 6y + 24 and 1000y = 76x - 3708. What is the correlation coefficient and what is its probable error ? Show that the ratio of the coefficient of variability of x to that of y is 5 24

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3.
The equations of two regression lines obtained in a correlation
analysis of 60 observations are
5x = 6y + 24 and 1000y = 76x – 3708.
What is the correlation coefficient and what is its probable error ?
Show that the ratio of the coefficient of variability of x to that of y is
24
Transcribed Image Text:3. The equations of two regression lines obtained in a correlation analysis of 60 observations are 5x = 6y + 24 and 1000y = 76x – 3708. What is the correlation coefficient and what is its probable error ? Show that the ratio of the coefficient of variability of x to that of y is 24
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