Try it on paper first. A hint, the key idea and the worked solution are here when you need them.
Four made-up shops have , , and staff, and their sales on one day are , , and thousand rupees. Find , , and the correlation coefficient , to four decimal places.
, , and
With sample standard deviations, is also .
Have you tried it?
Work it out on paper first. It is fine to get stuck or make a mistake: that is how we learn. When you are ready, go through the solution one step at a time, and check each step against your own.
Step 1. Deviations. : . : .
Step 2. The sums. . . .
Step 3. r. .
Answer: , , and .
Check. All four products are positive, so a large positive is right. has the unit staff squared and has thousand rupees squared, but has no unit.
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