Question: Show steps clearly and explain everything as much as possible 1. For the data below: y X O 2 N W N IN N N

Show steps clearly and explain everything as much as possible

1. For the data below: y X O 2 N W N IN N N W 4 3 Calculate the: Variance of X: Variance of y: Covariance of x and y: And the correlation between x and y: You may find it is easier to keep things in terms of fractions. You can find all of the formulas necessary in the lecture notes

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