The following data relate to the percentage unemployment and percentage change in wages over several years. % Unemployment % Change in wages (y) (x) 1.6 5.0 2.2 3.2 2.3 2.7 1.7 2.1 1.6 4.1 2.1 2.7 2.6 2.9 1.7 4.6 1.5 3.5 1.6 4.4 (a) Calculate the product-moment correlation cocfficient between x and y. (Use Ex = 18.9, Ey = 35.2, Ex? =37.01, Ey? = 132.22, Exy = 64.7)

MATLAB: An Introduction with Applications
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Author:Amos Gilat
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Question2
The following data relate to the percentage
unemployment and percentage change in wages
over several years.
% Unemployment
(x)
% Change in wages
(y)
1.6
5.0
3.2
2.7
2.2
2.3
1.7
1.6
2.1
4.1
2.1
2.7
2.6
2.9
1.7
4.6
3.5
4.4
1.5
1.6
(a) Calculate the product-moment correlation
coefficient between x and y.
(Use Ex = 18.9, Ey = 35.2, Ex? = 37.01,
Ey? = 132.22, Exy = 64.7)
Transcribed Image Text:Question2 The following data relate to the percentage unemployment and percentage change in wages over several years. % Unemployment (x) % Change in wages (y) 1.6 5.0 3.2 2.7 2.2 2.3 1.7 1.6 2.1 4.1 2.1 2.7 2.6 2.9 1.7 4.6 3.5 4.4 1.5 1.6 (a) Calculate the product-moment correlation coefficient between x and y. (Use Ex = 18.9, Ey = 35.2, Ex? = 37.01, Ey? = 132.22, Exy = 64.7)
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