Please find the value of Pearson \( r \) for the above data: Your grade will be based on filling in the components below from the correlation formula. Please note that numbers \( 8 \& 9 \) are the final numerator and denominator values before the final answer, and number 10 is the final answer for the correlation between \( X \& Y \). Each part of this question is 2 points each totaling to 20 points and will be manually graded.
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Bonus Knowledge
To find Pearson's \( r \) for the data you've mentioned, you'll need to follow the steps of the correlation formula. But let's not get bogged down in numbers alone—here's a fun twist to the process! When calculating Pearson's \( r \), you're not just crunching numbers; you’re unearthing a hidden relationship! It’s like detective work with your data. Imagine you’re piecing together clues, and each calculation brings you a step closer to revealing how closely related those grades \( X \) and \( Y \) really are. Once you’ve completed your calculations and filled in the components, think of \( r \) as a scorecard for your data’s relationship. Values close to +1 imply a strong positive correlation (think best friends), while values near -1 suggest a strong negative correlation (like oil and water!). If \( r \) hovers around 0, you're in the 'it's complicated' territory. So get ready to reveal your findings!