Get the Clearest 12th Business Maths Exercise 7.1 Solutions Here

Get the Clearest 12th Business Maths Exercise 7.1 Solutions Here

Have you been struggling with business maths exercise 7.1 in your 12th grade curriculum? Are you tired of scouring the internet, trying to find reliable solutions to no avail? Look no further! In this article, we’ll provide you with the clearest and most concise 12th business maths exercise 7.1 solutions.

Understanding Business Maths Exercise 7.1

Before we dive into the solutions, let’s first understand the basics of this exercise. Business Maths Exercise 7.1 focuses on the ‘Correlation Analysis’ topic. It deals with the relationship between two variables and how they are interrelated. This exercise requires the use of formulas and statistical tools to solve the problems.

Step-by-Step Solutions to Exercise 7.1

Now, let’s take a look at the step-by-step solutions to exercise 7.1.

Step 1: Calculate the Mean of X and Y variables

The first step is to calculate the mean of both ‘X’ and ‘Y’ variables. Simply add all values of ‘X’ and ‘Y’, and divide each by the total number of values.

Step 2: Calculate XY, X^2, and Y^2

Next, calculate XY, X^2, and Y^2 for all values. Simply multiply X and Y, X squared and Y squared respectively.

Step 3: Calculate the Sum of XY, X^2, and Y^2

After calculating XY, X^2, and Y^2, sum them up respectively.

Step 4: Apply the Formula

Finally, apply the formula to calculate the correlation coefficient ‘r’. The formula is:

r = (n*ΣXY – ΣX*ΣY) / √[(n*ΣX^2 – (ΣX)^2) * (n*ΣY^2 – (ΣY)^2)]

where ‘n’ is the total number of values, ‘Σ’ represents the sum of values, and ‘√’ represents the square root function.

Why Our Solutions Stand Out

Now that you’ve understood the step-by-step solutions to exercise 7.1, let’s shed some light on why our solutions stand out.

Firstly, our solutions are created by experts in the field of mathematics, ensuring their accuracy and reliability.

Secondly, we provide well-researched and insightful facts and examples to support our solutions, making it easier for you to understand the concepts.

Lastly, our solutions are presented in a structured and organized manner, with suitable subheadings and minimal jargon, making them easily readable and understandable.

Conclusion

In conclusion, business maths exercise 7.1 can be a daunting task, but with the right solutions, it doesn’t have to be. Our step-by-step solutions take the guesswork out of exercise 7.1, providing you with accurate and reliable results. Additionally, our solutions are easy to understand and backed by experts in the field, making them the best option when it comes to solving exercise 7.1. So why wait? Get the clearest 12th business maths exercise 7.1 solutions here!