For the given lines of regression, 3x−2y=5 and x−4y=7, find: coefficient of correlation r(x,y)
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Solution
The two regression lines are 3x−2y=5....(1) x−4y=7....(2) From equation (1)3x−2y=5 3x=2y+5 x=23y+53 ∴bxy=23 (Regression of x on y) From equation (2)x−4y=7 4y=x−7 y=x4−74 ∴byx=14 (Regression of y and x)
The two regression lines are Coefficient of correlation =|r| =√bxy⋅byx =√14×23 =√16=√66