A sneaker manufacturer has plotted sales of its most popular brand of sneakers over the past four months. MONTH X SALES Y X2 Y2 X Y 1 100 1 10000 100 2 120 4 14400 240 3 118 9 13924 354 4 125 16 15625 500 TOTAL 10 463 30 53949 1194 Calculate the Correlation Coefficient.[Interpret the result] Pearson’s Correlation Coefficient Formula r=n(Σxy)−(Σx)(Σy) √[nΣx2−(Σx)2][nΣy2−(Σy)2]
A sneaker manufacturer has plotted sales of its most popular brand of sneakers over the past four months. MONTH X SALES Y X2 Y2 X Y 1 100 1 10000 100 2 120 4 14400 240 3 118 9 13924 354 4 125 16 15625 500 TOTAL 10 463 30 53949 1194 Calculate the Correlation Coefficient.[Interpret the result] Pearson’s Correlation Coefficient Formula r=n(Σxy)−(Σx)(Σy) √[nΣx2−(Σx)2][nΣy2−(Σy)2]
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
A sneaker manufacturer has plotted sales of its most popular brand of sneakers over the past four months.
|
MONTH X |
SALES Y |
X2 |
Y2 |
X Y |
|
1 |
100 |
1 |
10000 |
100 |
|
2 |
120 |
4 |
14400 |
240 |
|
3 |
118 |
9 |
13924 |
354 |
|
4 |
125 |
16 |
15625 |
500 |
TOTAL |
10 |
463 |
30 |
53949 |
1194 |
Calculate the
Pearson’s Correlation Coefficient Formula
r=n(Σxy)−(Σx)(Σy) √[nΣx2−(Σx)2][nΣy2−(Σy)2]
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