The following data represent the daily demand (y in thousands of units) and the unit price (x in dollars) for a product. 
a.Compute and interpret the sample covariance for the above data.
b.Compute and interpret the sample correlation coefficient.
Definitions:
Demand
The amount of a product or service that buyers are prepared and capable of buying at different price levels over a specific time frame.
Stadium Capacity
The maximum number of spectators that a stadium can accommodate during an event, determined by its physical size and safety regulations.
Full House
A term used in both real estate, to indicate a fully occupied building, and in poker, to describe a hand containing three cards of one rank and two of another.
Ticket Prices
the cost assigned to purchasing a ticket for an event, such as a movie, concert, or sporting event.
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