Here is a bivariate data set. 39 73.3 47.5 166.3 48 88.7 57.9 81.5 76.4 66.8 70.2 -37 70.4 58.5

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### Bivariate Data Set Analysis

#### Data Set:
Here is a bivariate data set:

| x   | y      |
|-----|--------|
| 39  | 73.3   |
| 47.5| 166.3  |
| 48  | 88.7   |
| 57.9| 81.5   |
| 76.4| 66.8   |
| 70.2| -37    |
| 70.4| 58.5   |
| 49.3| 77.9   |
| 54.1| 75.5   |
| 55.6| 0.8    |
| 119 | -114.9 |
| 69.4| -24.7  |
| 50.6| 122.8  |
| 46.6| 139.7  |
| 75  | 50.6   |
| 57  | 80.5   |
| 60.8| 98.2   |
| 83.3| 82.4   |

#### Task:
Find the correlation coefficient and report it accurate to three decimal places.

\[ r = \]

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### Explanation:
The table above presents a set of bivariate data consisting of paired values of \( x \) and \( y \). Each pair represents a point in a coordinate system which can be used to determine the correlation between the variables \( x \) and \( y \).

- **Correlation Coefficient (\( r \))**: This value measures the strength and direction of the linear relationship between the two variables. It ranges from -1 to 1. A value close to 1 implies a strong positive linear relationship, -1 suggests a strong negative linear relationship, and 0 means no linear relationship.
  
To calculate the correlation coefficient, you can use statistical software, a calculator, or perform the calculations manually using the Pearson correlation coefficient formula:

\[ r = \frac{n(\sum xy) - (\sum x)(\sum y)}{\sqrt{[n \sum x^2 - (\sum x)^2][n \sum y^2 - (\sum y)^2]}} \]

where \( n \) is the number of data pairs, \( \sum xy \) is the sum of the product of paired scores, \( \
Transcribed Image Text:### Bivariate Data Set Analysis #### Data Set: Here is a bivariate data set: | x | y | |-----|--------| | 39 | 73.3 | | 47.5| 166.3 | | 48 | 88.7 | | 57.9| 81.5 | | 76.4| 66.8 | | 70.2| -37 | | 70.4| 58.5 | | 49.3| 77.9 | | 54.1| 75.5 | | 55.6| 0.8 | | 119 | -114.9 | | 69.4| -24.7 | | 50.6| 122.8 | | 46.6| 139.7 | | 75 | 50.6 | | 57 | 80.5 | | 60.8| 98.2 | | 83.3| 82.4 | #### Task: Find the correlation coefficient and report it accurate to three decimal places. \[ r = \] <button>Submit Question</button> ### Explanation: The table above presents a set of bivariate data consisting of paired values of \( x \) and \( y \). Each pair represents a point in a coordinate system which can be used to determine the correlation between the variables \( x \) and \( y \). - **Correlation Coefficient (\( r \))**: This value measures the strength and direction of the linear relationship between the two variables. It ranges from -1 to 1. A value close to 1 implies a strong positive linear relationship, -1 suggests a strong negative linear relationship, and 0 means no linear relationship. To calculate the correlation coefficient, you can use statistical software, a calculator, or perform the calculations manually using the Pearson correlation coefficient formula: \[ r = \frac{n(\sum xy) - (\sum x)(\sum y)}{\sqrt{[n \sum x^2 - (\sum x)^2][n \sum y^2 - (\sum y)^2]}} \] where \( n \) is the number of data pairs, \( \sum xy \) is the sum of the product of paired scores, \( \
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