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Introduction to Quant. Methods for Business

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  1. The table below represents a sample on variables X and Y:
    X Y
    10 8
    12 8
    18 16
    30 28
    30 48
    70 60
    a. Find the average, mode, median, range, variance, standard deviation of X and Y samples?
    b. Find the covariance and coefficient of correlation between X and Y?
    c. [ lab] On a separate excel sheet, solve parts (a) and (b) ?

Description

a. Find the average, mode, median, range, variance, standard deviation of X and Y samples?
b. Find the covariance and coefficient of correlation between X and Y?
c. [ lab] On a separate excel sheet, solve parts (a) and (b) ?

Sample Solution

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