1. Five observations taken for two variables follow.xi XXXXXXXXXXyi XXXXXXXXXXa. Develop a scatter diagram with x on the horizontal axis.b. What does the scatter diagram developed in part (a)...

1. Five observations taken for two variables follow. xi 4 6 11 3 16 yi 50 50 40 60 30 a. Develop a scatter diagram with x on the horizontal axis. b. What does the scatter diagram developed in part (a) indicate about the relationship between the two variables? c. Compute and interpret the sample covariance. d. Compute and interpret the sample correlation coefficient. 2.. Five observations taken for two variables follow. xi 6 11 15 21 27 yi 6 9 6 17 12 a. Develop a scatter diagram for these data. b. What does the scatter diagram indicate about a relationship between x and y? c. Compute and interpret the sample covariance. d. Compute and interpret the sample correlation coefficient.

May 23, 2022
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