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Show That the Correlation Coefficient Between Y and X Is

Question 47

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Show that the correlation coefficient between Y and X is unaffected if you use a linear transformation in both variables. That is, show that corr(X,Y)= corr(X*, Y*), where X* = a + bX and Y* = c + dY, and where a, b, c, and d are arbitrary non-zero constants.

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corr(X*, Y*)...

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