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Question

Which one of the following is CORRECT?

The correct answer is \({\rm{PE}}\,{\rm{ = }}\,\frac{{.6745\left( {1\, - \,{{\rm{r}}^2}} \right)}}{{\sqrt {\rm{n}} }}\)

Understanding the Probable Error Formula for Correlation

The question asks us to identify the correct formula for a statistical measure denoted by 'PE', which involves the sample size 'n' and a value 'r'. This formula is a standard formula used in statistics, specifically related to the probable error of a correlation coefficient.

What is Probable Error (PE) of a Correlation Coefficient?

The correlation coefficient (often denoted by 'r') is a measure of the linear association between two variables. When we calculate a correlation coefficient based on a sample, it's just an estimate of the true correlation coefficient in the population. The Probable Error (PE) of the correlation coefficient 'r' indicates the extent to which the calculated 'r' from a sample might differ from the true population correlation coefficient. It helps in determining the reliability of the sample correlation coefficient.

Specifically, the Probable Error is defined such that there is a 50% chance that the true population correlation coefficient lies within the range \({\rm{r}} \pm {\rm{PE}}\).

The Standard Formula for Probable Error

For a correlation coefficient 'r' calculated from a sample of size 'n', the standard formula for its Probable Error (PE) is given by:

\({\rm{PE}}\,{\rm{ = }}\,0.6745 \times {\rm{Standard\, Error\, of\, r}}\)

The standard error of the correlation coefficient 'r' is approximately:

\({\rm{SE}}_{\rm{r}} \,{\rm{ = }}\,\frac{{1\, - \,{{\rm{r}}^2}}}{{\sqrt {\rm{n}}}}\)

Combining these, the formula for the Probable Error (PE) of the correlation coefficient is:

\({\rm{PE}}\,{\rm{ = }}\,0.6745 \times \frac{{1\, - \,{{\rm{r}}^2}}}{{\sqrt {\rm{n}}}}\)

This can be written as:

\({\rm{PE}}\,{\rm{ = }}\,\frac{{0.6745\left( {1\, - \,{{\rm{r}}^2}} \right)}}{{\sqrt {\rm{n}}}}\)

Analyzing the Given Options

Let's compare the derived standard formula with the given options:

Option Formula Comparison with Standard Formula
1 \({\rm{PE}}\,{\rm{ = }}\,\frac{{.6475\left( {1\, - \,{{\rm{r}}^2}} \right)}}{{\sqrt {\rm{n}} }}\) Uses 0.6475 instead of the correct constant 0.6745.
2 \({\rm{PE}}\,{\rm{ = }}\,\frac{{.6745\left( {1\, - \,{{\rm{r}}^2}} \right)}}{{\sqrt {\rm{n}} }}\) Matches the standard formula for Probable Error of a correlation coefficient.
3 \({\rm{PE}}\,{\rm{ = }}\,\frac{{.6475\sqrt {\rm{n}} }}{{1\, - \,{{\rm{r}}^2}}}\) The structure is incorrect, with \({\sqrt {\rm{n}}}\) in the numerator and \({\left( {1\, - \,{{\rm{r}}^2}} \right)}\) in the denominator.
4 \({\rm{PE}}\,{\rm{ = }}\,\frac{{{\rm{.6475}}\left( {{\rm{1}}\,{\rm{ - }}\,{{\rm{r}}^{\rm{2}}}} \right)}}{{\rm{n}}}\) Uses 0.6475 instead of 0.6745 and has 'n' in the denominator instead of \({\sqrt {\rm{n}}}\).

Based on the comparison, Option 2 correctly represents the standard formula for the Probable Error of a correlation coefficient 'r' based on a sample size 'n'. The constant 0.6745 is derived from the properties of the normal distribution (it is the quartile deviation in standard units, representing the point such that 50% of the area is within \(\pm 0.6745\) standard deviations from the mean).

Conclusion

The correct formula among the given options for the Probable Error (PE) of a correlation coefficient 'r' based on a sample size 'n' is \({\rm{PE}}\,{\rm{ = }}\,\frac{{.6745\left( {1\, - \,{{\rm{r}}^2}} \right)}}{{\sqrt {\rm{n}} }}\).

Revision Table: Key Statistical Formulas

Term Definition Common Formula (Example: for Correlation Coefficient)
Correlation Coefficient (r) Measures the linear relationship strength and direction between two variables. Varies based on the specific formula (e.g., Pearson's r).
Sample Size (n) The number of observations or data points in the sample. n (a count)
Standard Error (SE) The standard deviation of the sampling distribution of a statistic. Indicates precision of estimate. \({\rm{SE}}_{\rm{r}} \,{\rm{ \approx }}\,\frac{{1\, - \,{{\rm{r}}^2}}}{{\sqrt {\rm{n}}}}\) (for correlation coefficient r)
Probable Error (PE) A measure of statistical dispersion, representing the range around a statistic where 50% of the true values are expected to lie. \({\rm{PE}}\,{\rm{ = }}\,0.6745 \times {\rm{SE}}\)
\({\rm{PE}}_{\rm{r}}\,{\rm{ = }}\,\frac{{0.6745\left( {1\, - \,{{\rm{r}}^2}} \right)}}{{\sqrt {\rm{n}}}}\) (for correlation coefficient r)

Additional Information on Probable Error and Correlation

The concept of Probable Error is somewhat less common in modern statistics compared to standard errors and confidence intervals, but it's still relevant in historical context and some applications. Here's a bit more detail:

  • Significance of Probable Error: If the calculated correlation coefficient 'r' is less than its Probable Error (r < PE), the correlation is generally considered insignificant, meaning it could easily have occurred by chance. If r is greater than 6 times its Probable Error (r > 6 * PE), the correlation is considered highly significant.
  • Relation to Standard Error: The constant 0.6745 is the relationship between the quartile deviation and the standard deviation in a normal distribution (approximately). Since the standard error is a standard deviation of a sampling distribution, multiplying it by 0.6745 gives the probable error.
  • Assumptions: The formula for the standard error of 'r' (and thus the Probable Error) assumes that the variables are normally distributed and that the true population correlation is close to zero. For larger population correlations, more complex transformations (like Fisher's z-transformation) might be used to estimate standard error or construct confidence intervals.
  • Use Case: Probable error is primarily used with the Pearson product-moment correlation coefficient. It helps researchers quickly gauge the reliability of their observed correlation based on sample size.
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Important Questions from Miscellaneous

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  2. A sphere of volume V is made of a material with lower density than water. While on Earth, it floats on water with its volume f1V (f1 < 1) submerged. On the other hand, on a spaceship accelerating with acceleration a < g (g is the acceleration due to gravity on Earth) in outer space, its submerged volume in water is f2V. Then:

  3. A railway wagon (open at the top) of mass M1 is moving with speed v1 along a straight track. As a result of rain, after some time it gets partially filled with water so that the mass of the wagon becomes M2 and speed becomes v2. Taking the rain to be falling vertically and the water stationery inside the wagon, the relation between the two speeds v1 and v2 is :

  4. Consider the following statements:

    1. Distance between the longitudes becomes zero on North Pole and South Pole.

    2. Distance between the longitudes is maximum on the Equator.

    3. Number of longitudes is more than number of latitudes.

    Which of the statements given above is/are correct?

  5. One block of 2⋅0 kg mass is placed on top of another block of 3⋅0 kg mass. The coefficient of static friction between the two blocks is 0⋅2. The bottom block is pulled with a horizontal force F such that both the blocks move together without slipping. Taking acceleration due to gravity as 10 m/s2, the maximum value of the frictional force is :

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