Question
Download Solution PDFThe coefficient of correlation is the ______ of coefficients of regression.
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFExplanation
The regression coefficient of X on Y = bxy
⇒ ∑xy/∑y2
The regression coefficient Y on X = byx
⇒ ∑xy/x2
Correlation coefficient is denoted by r
⇒ r = √(bxy ⋅b yx)
∴ The coefficient of correlation is the Geometric mean of the correlation coefficients.
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