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What is the correlation coefficient between age and salary?

  1. May 10, 2006 #1
    Could some one please help me with the following question.

    The ages and salaries (in thousands of $) of 10 employees in a firm are given below.

    Age - Salary
    28 - 17
    31 - 22
    31 - 28
    35 - 20
    40 - 26
    44 - 30
    45 - 32
    48 - 18
    53 - 33
    67 - 42

    What is the correlation coefficient between age and salary? (Giving enough detail to understand the proceedings)

    Comment on its value (referring maybe back to the data, to note any individuals who figures make a particular contribution to the value of the coefficient)
     
    Last edited: May 10, 2006
  2. jcsd
  3. May 10, 2006 #2

    Hootenanny

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    Staff Emeritus
    Science Advisor
    Gold Member

    Cumon Nat, you should know by now that you need to show some work. What is the formula for the correlation coefficent you have been given?

    ~H
     
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