Distribution of Mean of Correlation Coefficients

  title={Distribution of Mean of Correlation Coefficients},
  author={Syed Anwer Hasnain and Munir Ahmad},
In this paper, we derive a distribution of the mean of k-independent sample correlation coefficients each of which is based on “ n ” pairs of observations. This distribution has been developed by expanding the r th power of the modified Bessel function by using the Taylor series. The mean distribution of sample correlation coefficients ( r ) has many applications in the field of medicine, accounting, stock exchange market, economics and finance. Particularly, if one is interested to find the… CONTINUE READING