Question

Statistics 8 Ξ Question Help The following data contains coaches salaries and team revenues (in millions of dollars) for ten college basketball teams. Use this data to complete parts (a) through Salary 0.9 0.5 0.6 17 0.7 1.8 0.2 1.6 0.3 1.4 Revenue 4.4 5.9 9.5 7.4 8.2 9.4 18 9.6 4.7 11.0 a. Compute the covariance (Round to three decimal places as needed.)

0 0
Add a comment Improve this question Transcribed image text
Answer #1

Covariance= 1.064

Thisis computed in excel using COVAR function as per workings below

Add a comment
Know the answer?
Add Answer to:
Statistics 8 Ξ Question Help The following data contains coaches' salaries and team revenues (in millions...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Statistics 8 Question Help The following data contains coaches' salaries and team revenues (in millions of...

    Statistics 8 Question Help The following data contains coaches' salaries and team revenues (in millions of dollars) for ten college basketball teams. Use this data to complete parts (a) through Salary 1.5 1.7 0.8 0.5 19 0.2 1.8 1.6 0.4 1.2 Revenue 16.2 17.9 11.6 3.5 9.7 1.1 7.9 11.9 3.2 5.7 a. Compute the covariance. (Round to three decimal places as needed.)

  • Statistics 8 ίΞ Question Help * The following data contains coaches' salaries and team revenues (in...

    Statistics 8 ίΞ Question Help * The following data contains coaches' salaries and team revenues (in millions of dollars) for ten college basketball teams. Use this data to complete parts (a) through Salary 1.5 .70.8 0.5 1.9 0.2 1.8 1.6 0.4 1.2 Revenue 16.2 17.9 11.6 3.5 9.7 1.17.9 11.9 3.2 5.7 a. Compute the covariance. 2.544 (Round to three decimal places as needed.) b. Compute the coefficient of correlation (Round to three decimal places as needed.)

  • The following data contains​ coaches' salaries and team revenues​ (in millions of​ dollars) for ten college...

    The following data contains​ coaches' salaries and team revenues​ (in millions of​ dollars) for ten college basketball teams. Use this data to complete parts​ (a) through​ (c). Salary: 1.1 0.2 1.5 0.4 0.9 1.3 1.4 1.2 0.8 0.3 Revenue : 16.2 2.4 16.4 5.5 3.7 6.2 18.5 14.1 12.5 3.9 a. compute the covariance (round to three decimal places as needed) b. . Compute the coefficient of correlation. c. What conclusions can you reach about the relationship between a​ coach's...

  • The following data contains coaches' salaries and team revenues (in millions of dollars) for ten college...

    The following data contains coaches' salaries and team revenues (in millions of dollars) for ten college basketball teams. Use this data to complete parts (a) through (c). Salary 1.4 0.4 0.7 1.5 0.8 1.6 0.5 0.3 1.7 0.6 Revenue 17.6 1.7 3. 0 6 .2 12.3 11.7 3.8 2.9 14.2 3.8 a. Compute the covariance. (Round to three decimal places as needed.) b. Compute the coefficient of correlation. (Round to three decimal places as needed.) c. What conclusions can you...

  • The following data contains coaches' salaries and team revenues (in millions of dollars) for ten college...

    The following data contains coaches' salaries and team revenues (in millions of dollars) for ten college basketball teams. Use this data to complete parts (a) through (c). Salary Revenue 0.7 0.7 3.0 1.1 15.0 0.8 11. 6 1.2 .4 1.6 14.7 1.5 9.9 0.2 2.3 0.5 7.6 1.3 17.4 0.4 5.4 7 a. Compute the covariance. (Round to three decimal places as needed.) b. Compute the coefficient of correlation. (Round to three decimal places as needed.) c. What conclusions can...

  • Use the following cell phone airport data speeds​ (Mbps) from a particular network. Find the percentile...

    Use the following cell phone airport data speeds​ (Mbps) from a particular network. Find the percentile corresponding to the data speed 8.8 Mbps. 0.1 0.2 0.3 0.3 0.4 0.4 0.4 0.5 0.5 0.6 0.6 0.6 0.6 0.7 0.7 0.9 0.9 1.1 1.2 1.3 1.3 1.3 1.8 2.4 2.7 2.7 2.8 2.9 3.3 3.9 4.2 4.4 4.7 5.4 6.7 7.2 8.2 8.5 8.6 8.7 8.8 9.4 11.1 11.6 11.8 11.9 13.1 13.8 15.6 29.1 Percentile of 8.8equals nothing ​(Round to the...

  • use the following cell phone airport data speeds (mbps) from a particular network. find the percentiles...

    use the following cell phone airport data speeds (mbps) from a particular network. find the percentiles corresponding to the data speed 3.7 mbps. 0.1 0.1 0.2 0.2 0.3 0.3 0.3 0.3 0.3 0.4 0.7 0.7 0.8 0.8 0.9 1.4 1.4 1.5 1.5 1.5 1.6 1.8 2.3 2.5 2.5 2.7 2.8 2.8 3.3 3.3 3.7 4.6 4.6 4.8 5.2 7.4 7.8 8.5 8.7 8.9 9.1 9.2 9.5 11.1 12.7 12.8 13.7 13.9 15.6 27.4

  • The data on the below shows the number of hours a particular drug is in the...

    The data on the below shows the number of hours a particular drug is in the system of 200 females. Develop a histogram of this data according to the following intervals: Follow the directions. Test the hypothesis that these data are distributed exponentially. Determine the test statistic. Round to two decimal places. (sort the data first) [0, 3) [3, 6) [6, 9) [9, 12) [12, 18) [18, 24) [24, infinity) 34.7 11.8 10 7.8 2.8 20 9.8 20.4 1.2 7.2...

  • Use the following cell phone airport data speeds​ (Mbps) from a particular network. Find Upper Q...

    Use the following cell phone airport data speeds​ (Mbps) from a particular network. Find Upper Q 1 0.2 0.2 0.3 0.4 0.4 0.5 0.5 0.5 0.6 0.7 0.7 0.7 0.7 0.9 0.9 0.9 0.9 1.3 1.4 1.8 1.8 1.9 2.2 2.3 2.3 2.3 2.6 3.1 3.3 3.8 4.2 4.7 5.5 6.8 7.3 8.4 9.5 11.7 12.5 12.7 13.5 13.6 13.8 13.9 14.3 14.4 14.6 14.7 15.5 25.6 Upper Q Mbps ​(Type an integer or a decimal. Do not​ round.)

  • Use the following cell phone airport data speeds (Mbps) from a particular network. Find the percentile...

    Use the following cell phone airport data speeds (Mbps) from a particular network. Find the percentile corresponding to the data speed 8.5 Mbps. 0.1 0.1 0.2 0.2 0.3 0.3 0.3 0.4 0.4 0.4 0.4 0.5 0.6 0.6 0.6 0.7 0.9 1.1 1.3 1.3 1.6 1.4 1.7 2.4 2.5 2.5 2.6 2.9 2.6 4.7 3.1 5.9 3.2 8.5 9.8 8.8 12.1 12.8 8.9 13.5 14.9 29.9 13.9 13.9 14.3 15.2 14.1 13.9 14.6 1.9 Percentile of 8.5 = (Round to the...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT