Question: Problem 2 : Covariance Given a dataset with two variables sampled from a population. X: 1 , 2 , 3 , 4 , 5 Y
Problem : Covariance
Given a dataset with two variables sampled from a population.
X:
:
a Calculate the sample mean of X and Show your work.
b Calculate the sample covariance between X and Show your work.
c Recompute the mean of X and and sample covariance using Python, performing this task in two distinct ways:
i Manually code the sample mean, and sample covariance formulas to calculate these statistics. Ensure your code accurately reflects
the mathematical definitions of these measures.
iIUtilize Python's builtin functions or relevant libraries eg NumPy to compute the sample mean of X and and sample covariance.
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