Q. 1 Following tables 1 and 2 were collected by Mr. Biden as a part of gaming business. Mr. Biden knows that covariance associated with Game 1 is given by “H”. In order to decide his strategy for next year, he wants to know correlation and covariance between Customers and Profit with reference to Game 2 in terms of H.
Please help Mr. Biden to get the required information.
Table 1: Game 1 |
Table 2: Game 2 |
|||
Customers |
Profit |
Customers |
Profit |
|
10 |
5 |
60 |
30 |
|
20 |
15 |
90 |
40 |
|
30 |
20 |
150 |
40 |
|
40 |
25 |
30 |
10 |
|
50 |
10 |
120 |
75 |
Answer:-
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