In a simple linear regression, one observes ?̂ 1= −4.33 and ?^2 = 0.38. What is ???(?,?)
Corr(Y,X) = -0.616441 [ANSWER]
Explanation:
Let r = Corr(Y,X)
Now, we know the following relation between the coefficient of
determination (R^2) and the square of correlation
coefficient:
Now, whether r is positive or negative is decided by the sign of , in simple linear regression r and have the same sign. Here since, is negative, thus we can conclude that r is negative, and that:
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