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The following data sets are annual growth rates for two products Calculate Statistics with Excel Y 2013 2014 2015 2016 2017 2a 20 Calculate the correlation coefficient of X and Y (1.00000) b (0.08490) Try this Excel Formula с (0.62500) =CORREL(1127:1

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20. The excel data and results are as given below

year X Y
2013 5.35% 7.25%
2014 6.25% 4.35%
2015 3.06% 6.95%
2016 12.05% -13.50%
2017 14.25% -14.50%
2018 5.25% 18.00%
2019 -7.35% 19.50%
2020 9.50% 2.00%
Correlation coefficient -0.849372501

The correlation coefficient is -0.84937   

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