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Given the Following Sample Data: ​

question 224

Essay

Given the following sample data: Given the following sample data:   ​  a.Calculate the covariance and the correlation coefficient. b.Comment on the relationship between x and y. c.Determine the least squares line. d.Draw the scatter diagram and plot the least squares line.
a.Calculate the covariance and the correlation coefficient.
b.Comment on the relationship between x and y.
c.Determine the least squares line.
d.Draw the scatter diagram and plot the least squares line.


Definitions:

Public Sector

The portion of the economy composed of government services and public enterprises.

Pay Increases

Adjustments made to an employee's base salary to reflect changes in performance, market conditions, or cost of living.

Public Sector

The part of the economy composed of both public services and public enterprises, owned and operated by the government.

Generate Revenue

The process of producing income through sales of products, services, or other mechanisms within a business.

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