A Calculate the Covariance and the Coefficient of Correlation for the Following

question 44

Essay

a. Calculate the covariance and the coefficient of correlation for the following sample. $$\begin{array} { | l | r | r | r | r | r | } \hline x & 9 & 6 & 7 & 5 & 8 \\\hline y & 19 & 14 & 16 & 12 & 15 \\\hline\end{array}$$ b. What do these statistics tell you about the relationship between X and Y?

---

Definitions:

Secured Bond

A bond backed by collateral to decrease the risk of default.

Due Process

A fundamental legal principle that ensures fair treatments and procedures are followed by the government before depriving a person of life, liberty, or property.

Fourth Amendment

A provision in the U.S. Constitution protecting individuals from unreasonable searches and seizures by the government.

Preincorporation Contracts

Agreements entered into on behalf of a corporation not yet legally formed, with certain conditions for later adoption by the corporation.