We have two random variables X and Y. The standard deviation of X is 0.34365 and the standarddeviation of Y is 0.29842. If the regression line of Y on X is Y = 0.38344 +0.84627 X X.What is the correlation between X and Y? Please round your answer to the second decimal place.

r=correlation=0.97 (2 decimal places)

Answered: We have two random variables X and Y.…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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We have two random variables X and Y. The standard deviation of X is 0.34365 and the standard deviation of Y is 0.29842. If the regression line of Y on X is Y = 0.38344 +0.84627 X X. What is the correlation between X and Y? Please round your answer to the second decimal place.