Five observations taken for two variables follow. a. Develop a scatter chart with x on the horizontal

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Five observations taken for two variables follow.image text in transcribed

a. Develop a scatter chart with x on the horizontal axis.

b. What does the scatter chart developed in part a indicate about the relationship between the two variables?

c. Compute and interpret the sample covariance.

d. Compute and interpret the sample correlation coefficient.

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Business Analytics

ISBN: 9780357902219

5th Edition

Authors: Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann

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