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Suppose we have the following paired observations of variables X and Y: X Y 18 50...

Suppose we have the following paired observations of variables X and Y:

X Y

18 50

14 40

20 20

22 20

19 10

27 0

20 0

Calculate the values of the sample covariance and sample correlation between X and Y. Using this information, how would you characterize the relationship between X and Y?

Math   Statistics-And-Probability   
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