Share
Explore BrainMass

Correlation Coefficient

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

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

$2.19