The following table shows the income and expenditure of people: Income (Rs 000) Expenditure (Rs.000) 100 80 80 60 50 30 40 35 70 40 60 50 90 55 75 40…
BBS Business Statistics · 2082 · Solved Question with Answer
The following table shows the income and expenditure of people:
| Income (Rs 000) | Expenditure (Rs.000) |
| 100 | 80 |
| 80 | 60 |
| 50 | 30 |
| 40 | 35 |
| 70 | 40 |
| 60 | 50 |
| 90 | 55 |
| 75 | 40 |
| 95 | 50 |
| 30 | 20 |
a. Calculate Karl Preason's correlation coefficient.