123 (1)
123 (1)
Question 1: Marks: 10
Calculate the correlation coefficient using the following data and interpret the result.
Create a table for the necessary calculations, use the appropriate formula, and include all the
necessary steps.
Age of a 2 4 5 6 8 11
Car
Resale 18 15 11 8 7 5
Value
Solution
Given Data
X= Age of a Car
Y= Resale Value
Correlation coefficient = r =?
Formula
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Sr.no X y x2 y2 XY
1 2 18 4 324 36
2 4 15 16 225 60
3 5 11 25 121 55
4 6 8 36 64 48
5 8 7 64 49 56
6 11 5 121 25 55
2
LN LX=36 LY=64 Lx2 LY =808 LXY=310
=6 =266
[266-(1296) I 6][808-(4096) I 6]
310-(2304) / 6
r=-----.==========
(6(266)-1296)(6(808)-4096)
6 6
6(310)- (2304)
6
r=-----.== ========-
(6(266)-1296)(6(808)-4096)
6 6
1860-2304
6
r=-;::::= =======
(1596-1296)(4848-4096)
6 6
-444
r= 6
)(7:2)
-74
r =------.=====
(50)(125.334)
-74
r =-----;====
6266.7
-74
r=--
79.163
r = -0.935
r is -0.93. It a strong negative correlation between the age of the car and its resale value.
Question 2: Marks: 10
Divide the data into 6 classes, starting with the first class as 0-0.9, and so
on.
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VUAnswer.pk
0.5, 1.0, 1.5, 1.5, 1.0, 2.0, 2.5, 2.0, 3.0, 2.5, 3.5, 3.5, 4.0, 4.5, 3.0, 3.0, 2.5, 2.0, 1.0, 0.5, 2.5, 3.0, 4.0, 3.5,
4.5, 5.0, 5.5, 5.0, 4.0, 3.5, 2.0, 1.5, 2.0, 2.5, 3.5, 4.0, 4.5, 5.5, 5.0, 5.0, 4.0, 3.0, 2.0, 1.0, 0.5, 0.5, 1.5, 2.5,
3.5, 4.5
Solution
Arrange the data in Ascending order
0.5, 0.5, 0.5, 0.5, 1.0, 1.0, 1.0,1.0, 1.5, 1.5, 1.5, 1.5, 2.0, 2.0, 2.0, 2.0, 2.0, 2.0, 2.5, 2.5, 2.5, 2.5, 2.5, 2.5,
3.0, 3.0, 3.0, 3.0, 3.0, 3.5, 3.5, 3.5, 3.5, 3.5, 3.5, 4.0, 4.0, 4.0, 4.0,4.0, 4.5, 4.5, 4.5, 4.5,5.0, 5.0, 5.0, 5.0,
5.5, 5.5
0.0-0.9 4
1.0- 1.9 8
2.0-2.9 12
3.0-3.9 11
4.0-4.9 9
5.0-5.9 6
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REGARD - SARIM
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