Question: Consider the following sample data: x 8 10 7 5 2 y 11 2 7 4 8 Click here for the Excel Data File a.

Consider the following sample data:

x	8	10	7	5	2
y	11	2	7	4	8

Click here for the Excel Data File

a.Calculate the covariance between the variables.(Negative value should be indicated by a minus sign. Round your intermediate calculations to at least 4 decimalplaces and final answer to 2 decimal places.)

b.Calculate the correlation coefficient.(Round your intermediate calculations to 4 decimal places and final answer to 2 decimal places.)

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