Please answer the following question. 10. Following is a random sample of price per piece of plywood,
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Question:
Please answer the following question.
10. Following is a random sample of price per piece of plywood, X, and quantity sold, Y (in thousands):
Price per Piece (x) 6 7 8 9 10
Thousands of Pieces Sold (y) 80 60 70 40 0
a. Compute the covariance. b. Compute the correlation coefficient.
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