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The following table contains the quantities of a good produced by a firm and the corresponding profits in rupees. Find the correlation coefficient for the data using the shortcut method. Quantity (X)Profit (Y)250100005001200075015000100020000125017000150016000 |
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Answer» The following table contains the quantities of a good produced by a firm and the corresponding profits in rupees. Find the correlation coefficient for the data using the shortcut method. |
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