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    Correlation Coefficient

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    Carry out a least square line fit to these points: (x, y) = (1,4) (2,5) (3,7) (4,8). Calculate the covariance and correlation coefficient

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    https://brainmass.com/statistics/correlation/correlation-coefficient-29486

    Solution Preview

    Please refer to the attachment for calculation.
    Calculate the mean of X and Y: Xm and Ym
    VAR(X) ...

    Solution Summary

    Carry out a least square line fit to these points: (x, y) = (1,4) (2,5) (3,7) (4,8). Calculate the covariance and correlation coefficient

    $2.49

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