To calculate the correlation coefficient (denoted as
Where:
is the number of paired scores. represents the mean temperature. represents the electricity bill.
Here's how to find
-
Prepare the data:
- Calculate
, , , , and .
Let's set aside a table to compute these:
| Mean Temperature
| Electricity Bill | | | | |----------------------------|-----------------------------|-----------|-----------|-----------| | 16 | 143 | 2288 | 256 | 20449 | | 19 | 164 | 3116 | 361 | 26896 | | 26 | 141 | 3666 | 676 | 19881 | | 36 | 118 | 4248 | 1296 | 13924 | | 18 | 172 | 3096 | 324 | 29584 | | 47 | 50 | 2350 | 2209 | 2500 | | 34 | 121 | 4114 | 1156 | 14641 | | 15 | 275 | 4125 | 225 | 75625 | | 17 | 250 | 4250 | 289 | 62500 | | 41 | 75 | 3075 | 1681 | 5625 | | 43 | 211 | 9063 | 1849 | 44521 |Now, we can organize our calculations:
- Calculate
-
Compute
:- There are 11 pairs, so
.
- There are 11 pairs, so
-
Plug the values into the correlation coefficient formula:
Calculating the terms:
Now, substituting into the formula:
Finally calculating the square root of the product:
After calculations (the actual math for
In practice, using a calculator or programming environment will help avoid miscalculations and ensure we accurately get final
Final answer: The value of the correlation coefficient is approximately