[Solved] Five observations taken for two variables follow. Develop a scatter diagram with x on the horizontal axis. What does the scatter diagram developed
Question: Five observations taken for two variables follow.
- Develop a scatter diagram with x on the horizontal axis.
- What does the scatter diagram developed in part (a) indicate about the relationship between the two variables?
- Compute and interpret the sample covariance.
- Compute and interpret the sample correlation coefficient.
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