Correlation Co-efficient Definition : A measure of the strength of linear association betweentwo variables. Correlation will always between -1.0 and +1.0. If the correlation is positive, wehave a positive relationship. If it is negative, the relationship is negative.Formula :Correlation Co-efficient :Correlation(r) =[ NΣXY - (ΣX)(ΣY) / Sqrt([NΣX2 - (ΣX)2][NΣY2 - (ΣY)2])] whereN = Number of values or elementsX = First ScoreY = Second ScoreΣXY = Sum of the product of first and Second ScoresΣX = Sum of First ScoresΣY = Sum of Second ScoresΣX2 = Sum of square First ScoresΣY2 = Sum of square Second ScoresStep 3: Find ΣX, ΣY, ΣXY, ΣX2, ΣY2.
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