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QT – May 2016 – L1 – Q6b – Data Collection | Measures of Central Tendency

Compute the sample mean, variance, standard deviation, covariance, and correlation for the given data.

Question

b) Use the sample data below to answer the following questions:

Required:
i) Calculate the sample mean, variance, and standard deviation for . (5 marks)
ii) Calculate the sample mean, variance, and standard deviation for $Y$ . (5 marks)
iii) Calculate the sample covariance between and . (3 marks)
iv) Calculate the sample correlation between and $Y$ . (3 marks)

Answer

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Tags: Correlation, Covariance, Sample Mean, Standard Deviation, Variance
Level: Level 1

Topic: Data Collection, Measures of Central Tendency
Series: MAY 2016

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QT – May 2016 – L1 – Q6b – Data Collection | Measures of Central Tendency

Compute the sample mean, variance, standard deviation, covariance, and correlation for the given data.

QT – May 2016 – L1 – Q6b – Data Collection | Measures of Central Tendency

Compute the sample mean, variance, standard deviation, covariance, and correlation for the given data.

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Question Tag: Covariance

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QT – May 2016 – L1 – Q6b – Data Collection | Measures of Central Tendency

Compute the sample mean, variance, standard deviation, covariance, and correlation for the given data.

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QT – May 2016 – L1 – Q6b – Data Collection | Measures of Central Tendency

Compute the sample mean, variance, standard deviation, covariance, and correlation for the given data.

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