Consider the following sample data:
x | 20 | 19 | 24 | 21 | 27 |
y | 27 | 21 | 24 | 19 | 20 |
Click here for the Excel Data File
a. Calculate the covariance between the variables. (Negative value should be indicated by a minus sign. Round your intermediate calculations to at least 4 decimal places and final answer to 2 decimal places.)
b. Calculate the correlation coefficient.
(Round your intermediate calculations to 4 decimal places
and final answer to 2 decimal places.)
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