Following results were obtained from an analysis of 12 pairs of observations: N= 12, ΣX - 30, ΣΥ= 5, ΣΧ 670, ΣΥ= 285 , ΣΧΥ = 334 Later on it was discovered that one pair of values (X=11, Y= 4) were copied wrongly. the correct value of the pair was (X=10, Y= 14). Find the correct value of correlation coefficient. %3D |3D %3D

Following results were obtained from an analysis of 12 pairs of observations: N= 12, ΣX - 30, ΣΥ= 5, ΣΧ 670, ΣΥ= 285 , ΣΧΥ = 334 Later on it was discovered that one pair of values (X=11, Y= 4) were copied wrongly. the correct value of the pair was (X=10, Y= 14). Find the correct value of correlation coefficient. %3D |3D %3D

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)

14th Edition

ISBN:9781305506381

Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Chapter4A: Problems In Applying The Linear Regression Model

Section: Chapter Questions

Problem 2E

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