6. Calculate co-efficient of correlation using Karl Pearson's method.Advertisement (*000 Rs) (x):39656290 8275259836 78Sale (in Lakh Rs) (v):47535886 6268609151 84

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Answered: 6. Calculate co-efficient of…

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

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Compute the value of correlation coefficient of using data in table 1 for the number of hrs. a person works per week and thenumber of accidents or injuries that the person has over a peroid of one week. Table :1 Hrs.Worked ( x ) No. of accidents( y ) 30 2 42 3 25 4 44 8 56 5
Given the data as shown in the table below X Y 56 0.86 44 0.93 68 0.85 76 0.87 94 0.73 a) Assuming the correlation coefficient of � and � is found to be -0.897995, calculate the slope, �, and y-intercept, �, of the "Best-Fit" line �^=��^+�. Use 4 decimal places for each of �¯, �¯, ��, and �� values obtained from your calculator. Round your answer to 4 decimal places.�= .�= .b) Using the equation of the "Best-Fit" line to predict the value of � when �= 60. Enter your answer in 4 decimal places.�^= .c) Using the equation of the "Best-Fit" line to predict the value of � when �= 0.89. Enter your answer in 4 decimal places.�^= .
For each pair of quantities, decide if the correlation coefficient would be close to 1, close to -1, or not be close to 1 or -1. Part: 0/4 Part 1 of 4 (a) The number of hours a student spends studying and the score on that student's exam. The correlation coefficient would be close to 1 Part: 1/4 Part 2 of 4 Part: 2/4 X (b) The number of hours a student spends studying and the number of letters in that student's name. The correlation coefficient would be close to -1 Part 3 of 4 X Ś X Ś (c) The number of hours an overweight person spends exercising and that person's weight. The correlation coefficient would be close to 1 5
The correlation between height and weight of a sample of 100 individuals is calculated to be 0.8 using Pearson's r. What can we conclude about the relationship between height and weight in the population from which the sample was taken?
Q5/A// Determine the correlation Company A В C coefficient for the data X 73 30 21 18 Y 7 8. 9. D/ID
For the data shown to the right, determine the linear.correlation coefficient using the formulas shown below. Compare your answers in part (a) and (b). 3 5 2| 1| 0 |-1-2 y a. Use the definition r= SySy Exy - (Ex)(E»)/n b. Use the computing formula r= a. Using the definition, r= (Round to three decimal places as needed.)
Find correlation coefficient between the exchange and expenditure from the datagiven below: Obtain the regression equation of exchange on expenditure expenses and find out theexpected exchange of a firm when expenditure is Rs. 25 lakhs. Also find coefficientof determination and interpret your result.
Which of the following sets of data represent valid functions? OS = {(0, – 1), (3, 1), (6, 4), (7, 9), (13, 14)} || OF = {(- 3, – 2), (1, 2), (1, 4), (8, 9), (13, 15)} OR = {(-1, - 2), (2, 1), (4, 5), ( – 1, – 2), (10, 13)} | OG = {(- 4, - 5), (2, 3), (4, 5), (9, 8), (14, 10)} Calculator Check Answer MacBook Air
The strength of a correlation is indicated by: (A) its size of coefficient None of the answers both (A) and (b) (B) its sign (+ or -)
2.)Use the following data where Y is the dependent and X is the independent variable: SALES EXPERIENCE Y ('000TL) X(Years) 114 61 129 135 117 6 17 11 7 12 Test the hypothesis that there is a significant correlation between Y and X at 1% level of significance.

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6. Calculate co-efficient of correlation using Karl Pearson's method. Advertisement ('000 Rs) (x): 39 Sale (in Lakh Rs) (v): 65 62 90 82 75 25 98 36 78 47 53 58 86 62 68 60 91 51 84