The correlation coefficient ($r$) between two variables $x$ and $y$ can be determined from the slopes of the two regression lines. If the regression line of $y$ on $x$ is $y = b_{yx}x + c_1$ and the regression line of $x$ on $y$ is $x = b_{xy}y + c_2$, then the square of the correlation coefficient is given by $r^2 = b_{yx} \cdot b_{xy}$. The sign of $r$ is the same as the sign of the slopes $b_{yx}$ and $b_{xy}$.
We are given two lines:
We need to determine which line corresponds to the regression of $y$ on $x$ ($b_{yx}$) and which corresponds to the regression of $x$ on $y$ ($b_{xy}$).
Let's check the alternative assignment:
Calculate $r^2$ for this alternative assignment: $r^2 = b_{yx} \cdot b_{xy} = (-1) \cdot (-\frac{3}{2}) = \frac{3}{2}$. Since $r^2$ cannot be greater than 1, this assignment is incorrect.
Therefore, the correct slopes are $b_{yx} = -\frac{2}{3}$ and $b_{xy} = -1$.
Using the correct slopes:
$r^2 = b_{yx} \cdot b_{xy} = \left(-\frac{2}{3}\right) \times (-1) = \frac{2}{3}$
The correlation coefficient $r$ must have the same sign as the slopes $b_{yx}$ and $b_{xy}$. In this case, both $b_{yx} = -\frac{2}{3}$ and $b_{xy} = -1$ are negative.
Therefore, the correlation coefficient $r$ must be negative.
$r = -\sqrt{\frac{2}{3}}$
The value of the correlation coefficient between $x$ and $y$ is $-\sqrt{2/3}$.
If r is the coefficient of correlation between x and y, then what is the correlation coefficient between (3x + 4) and (-3y + 3)?
Which of the following statements is/are correct in respect of regression coefficients?
1. It measures the degree of linear relationship between two variables
2. It gives the value by which one variable changes for a unit change in the other variable.
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If two regression lines between height (x) and weight (y) are 4y – 15x + 410 = 0 and 30x – 2y – 825 = 0, then what will be the correlation coefficient between height and weight?