Question
The table below shows % growth in sales for five of Indiana's largest companies, along with the size of each company's capital investment (in $1000s)
The table below shows % growth in sales for five of Indiana's largest companies, along with the size of each company's capital investment (in $1000s) for the year.
Compute the (population) covariance for the two sets of values.
Company % Growth in Sales Capital investment
A 77.0 3,560
B 48.0 24,630
C 25.0 7,070
D 45.0 34,280
E -18.0 25,240
.xProfits (in $millions) for Caldwell-Hewitt's US Division and European Division over the past four years are shown below. Compute the (population) correlation coefficient.
Year US Europe
1 6.9 15.4
2 6.3 14.7
3 7.1 16.1
4 7.4 16.5
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