Question
Question: cIf Var (x) = 8.25, Var (y) = 33.96 and Cov (x, y) = 10.2, then the correlation coefficient is...
cIf Var (x) = 8.25, Var (y) = 33.96 and Cov (x, y) = 10.2, then the correlation coefficient is
A
0.89
B
– 0.98
C
0.61
D
– 0.16
Answer
0.61
Explanation
Solution
rxy=Var(x)⋅Var(y)Cov(x,y)=(8.25)(33.96)10.2=0.61 .