The file lists the calorics and sugar, in grams, in one serving of seven breakfast cereals: a.
Question:
a. Compute the covariance.
b. Compute the coefficient of correlation.
c. Which do you think is more valuable in expressing the relationship between calories and sugar-the covariance or the coefficient of correlation? Explain.
d. Based on (a) and (b), what conclusions can you reach about the relationship between calories and sugar?
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Related Book For
Statistics For Managers Using Microsoft Excel
ISBN: 772
7th Edition
Authors: David M. Levine, David F. Stephan, Kathryn A. Szabat
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