The following shows the Excel spreadsheet for Education and Income .   A B C 1 Individual i Education (x) Income (y) 2 1 3 45   3 2 4 56   4 3 6 85   5 4 2 35   6 5 5 57   7 6 4 48   8 7 8 100   9 8 0 38   10         11   =COVARIANCE.S(C2:C9,B2:B9) 12   =CORREL(C2:C9,B2:B9) Group of answer choices The formula in B11 is “=covariance.s(C2:C9,B2:B9)”. It gives the variance of Education and the variance of Income. The values are 51.4287 and 0.9137. The formula in B11 is “=covariance.s(C2:C9,B2:B9)”. It gives the correlation between Education and the variance of Income. The value is 0.9137 The formula in B12 is “=correl(C2:C9,B2:B9)”. It gives the covariance between Education and Income. The value is 51.4286. The formula in B12 is “=correl(C2:C9,B2:B9)”. It gives the correlation between Education and Income. The value is 0.9137.

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The following shows the Excel spreadsheet for Education and Income .

  A B C
1 Individual i Education (x) Income (y)
2 1 3 45  
3 2 4 56  
4 3 6 85  
5 4 2 35  
6 5 5 57  
7 6 4 48  
8 7 8 100  
9 8 0 38  
10        
11   =COVARIANCE.S(C2:C9,B2:B9)
12   =CORREL(C2:C9,B2:B9)

Group of answer choices

The formula in B11 is “=covariance.s(C2:C9,B2:B9)”. It gives the variance of Education and the variance of Income. The values are 51.4287 and 0.9137.

The formula in B11 is “=covariance.s(C2:C9,B2:B9)”. It gives the correlation between Education and the variance of Income. The value is 0.9137

The formula in B12 is “=correl(C2:C9,B2:B9)”. It gives the covariance between Education and Income. The value is 51.4286.

The formula in B12 is “=correl(C2:C9,B2:B9)”. It gives the correlation between Education and Income. The value is 0.9137.

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