You are given the data set D = {(x, y)} iI = {(1, 3), (0, 5), (3,
Question:
You are given the data set D = {(x, y)}i∈I = {(−1, 3), (0, 5), (3, 9), (5, 7)}.
(a) Set up the data in a table.
(b) Plot the data in a diagram.
(c) Calculate the covariance between x and y (both the population and the sample versions).
(d) Calculate the correlation between x and y.
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Related Book For
The Bayesian Way Introductory Statistics For Economists And Engineers
ISBN: 9781119246879
1st Edition
Authors: Svein Olav Nyberg
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