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(a) Calculate the covariance between the two variables (b) Calculate the correlation between the two variables present its functional form. (save your Excel worksheet in your class folder) Amount Annual Income Spent/Week ($) ($1,000) 120 65 68 35 30 35 60 44 80 100 91 77 32 44 39 71 89 44 77 113 Covariance: Corrclation:

(a) Calculate the covariance between the two variables (b) Calculate the correlation between the two variables present its functional form. (save your Excel worksheet in your class folder) Amount Annual Income Spent/Week ($) ($1,000) 120 65 68 35 30 35 60 44 80 100 91 77 32 44 39 71 89 44 77 113 Covariance: Corrclation:

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Can someone walk me through how to find this using excel? I am studying for my final and I am so lost.
(a) Calculate the covariance between the two variables (b) Calculate the correlation between the two variables present its functional form. (save your Excel worksheet in your class folder) Amount Annual Income Spent/Week ($) ($1,000) ste 120 65 68 35 35 30 60 44 100 80 91 77 of the two 44 32 71 39 89 44 113 77 Covariance: Corrclation: ays
Transcribed Image Text:(a) Calculate the covariance between the two variables (b) Calculate the correlation between the two variables present its functional form. (save your Excel worksheet in your class folder) Amount Annual Income Spent/Week ($) ($1,000) ste 120 65 68 35 35 30 60 44 100 80 91 77 of the two 44 32 71 39 89 44 113 77 Covariance: Corrclation: ays
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