Question

Consider the following sample data: x 8 10 7 5 2 y 11 2 7 4...

Consider the following sample data:

x 8 10 7 5 2
y 11 2 7 4 8

Click here for the Excel Data File

a. Calculate the covariance between the variables. (Negative value should be indicated by a minus sign. Round your intermediate calculations to at least 4 decimal places and final answer to 2 decimal places.)


b. Calculate the correlation coefficient. (Round your intermediate calculations to 4 decimal places and final answer to 2 decimal places.)

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