The table below shows unemployment rates and government debt ratios (debt/GDP) for four selected countries a. Compute
Question:
a. Compute the covariance.
b. Compute the correlation coeffcient and indicate what conclusions can be drawn.
Transcribed Image Text:
Debt Ratio (9%) Country Unemployment Australia Brazil Canada Japan 4.0 5.3 7.6 4.9 84 220
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Related Book For
Understanding Business Statistics
ISBN: 978-1118145258
1st edition
Authors: Stacey Jones, Tim Bergquist, Ned Freed
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