How To Find Correlation Coefficient?

Collect paired data values for two variables

Compute the mean of each variable

Subtract each mean from its corresponding values to get deviations

Multiply each pair of deviations

Sum all the products of deviations

Square each deviation for both variables

Sum the squared deviations for each variable

Divide the sum of products by the square root of the product of the two sums of squared deviations

Use the formula: r = Σ[(x – xÌ„)(y – ȳ)] / √[Σ(x – xÌ„)² × Σ(y – ȳ)²]

Interpret the result as the correlation coefficient

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