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8. Assume a random sample of three paired observations on two variables (X and Y) provided the following data. X Y 326 11 16

 

8. Assume a random sample of three paired observations on two variables (X and Y) provided the following data. X Y 326 11 16 12 (10) a. Manually calculate the variance and standard deviation of X and Y. (10) b. Manually calculate the covariance and correlation coefficient.

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