Calculate the Karl Pearson's coefficient of correlation of the short-term ocillations for the indices of supply and price of certain commodity given here : Index of Price Index of Index of Supply Year Year Index of Price Supply 2003 91 117 2011 104 77 2004 98 97 2012 98 93 2005 95 102 2013 100 89 2006 92 108 2014 108 83 2007 93 105 2015 116 78 2008 96 96 2016 114 84 2009 102 77 2017 111 93 2010 107 68 [Take 5-yearly moving average and ignore decimals in computing the average.]

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter4: Equations Of Linear Functions
Section4.5: Correlation And Causation
Problem 2AGP
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Calculate the Karl Pearson's coefficient of correlation of the short-term
ocillations for the indices of supply and price of certain commodity given here :
Year
Year
Index of
Index of
Index of
Price
Index of
Supply
Supply
Price
2003
91
117
2011
104
77
2004
98
97
2012
98
93
2005
95
102
2013
100
89
2006
92
108
2014
108
83
2007
93
105
2015
116
78
2008
96
96
2016
114
84
2009
102
77
2017
111
93
2010
107
68
[Take 5-yearly moving average and ignore decimals in computing the average.]
Transcribed Image Text:Calculate the Karl Pearson's coefficient of correlation of the short-term ocillations for the indices of supply and price of certain commodity given here : Year Year Index of Index of Index of Price Index of Supply Supply Price 2003 91 117 2011 104 77 2004 98 97 2012 98 93 2005 95 102 2013 100 89 2006 92 108 2014 108 83 2007 93 105 2015 116 78 2008 96 96 2016 114 84 2009 102 77 2017 111 93 2010 107 68 [Take 5-yearly moving average and ignore decimals in computing the average.]
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