2. Association and Correlation: Correlation
Strength of a Linear Relationship: Pearson Correlation Coefficient
For two variables #X# and #Y# the following sample statistics are known:
- Sample standard deviation of #X#: #s_X = 7.57#
- Sample standard deviation of #Y#: #s_Y = 10.22#
- Sample covariance: #s_{X,Y}=-8.820#
Calculate the Pearson Correlation Coefficient between #X# and #Y#. Round your answer to #3# decimal places.
| #r_{X,Y}=# |
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