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(need for future chapters, basic statistics, variance and covariance formula) Suppose there is two different variables as X=(x 1, x 2, x 3 . x

  • (need for future chapters, basic statistics, variance and covariance formula) Suppose there is two different variables as

X=(x1, x2, x3 .x10) and Y=(y1, y2, y3, ..y10).

  • -Explain how would you calculate variance of X [ Var(X) ].
  • -Explain how would you calculate variance of Y [ Var(Y)] .
  • -Explain how would you calculate covariance of X and Y [Cov(X,Y)].

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