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What does the covariance indicate about the relationship between finishing time and age in the attached document? Both have a covariance of-2.4. Please advise. Thank
What does the covariance indicate about the relationship between finishing time and age in the attached document? Both have a covariance of-2.4.
Please advise.
Thank you
Salvatore Chapter 1 Spreadsheet Problem Number Time 1 8.2 2 7.5 3 9.6 4 12.1 5 10.2 6 8.3 7 7.4 8 8.1 9 9.6 10 11.2 Age 14 16 12 12 13 14 18 17 14 13 mean median mode variance s.d. coefficient of variance covariance 14.3 14.0 14.0 4.2 2.1 0.1 -2.4 9.2 9.0 9.6 2.5 1.6 0.2 -2.4 Finishing Ti 14.0 12.0 10.0 8.0 6.0 4.0 2.0 0.0 1 2 3 4 5 Finishing Time 2 3 4 5 6 7 8 9 10 Notes: Coefficient of variation is the standard deviation divided by its meanStep by Step Solution
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