In order to calculate the correlation coefficient between X, Y arrange following steps to get the value of P (X, Y):

A. Take product of XY

B. Square X

C. Calculate Mean (X); Mean (Y)

D. Square Y

E. Calculate \(\rm \rho = \frac{Covariance (X, Y)}{SD_X\,*\,SD_Y}\), where SDX and SDY refers to standard deviation of X and Y respectively.

Choose the correct answer from the options given below:

1
B, D, A, C, E
2
B, D, C, A, E
3
B, D, E, C, A
4
B, C, E, A, D

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