Show transcribed image text 2. Five observations taken for two variables are: 4 50 16 30 50 40 60 a) Draw a scatter diagram with x on the horizontal axis b) What does the scatter diagram developed in 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 are: 4 50 16 30 50 40 60 a) Draw a scatter diagram with x on the horizontal axis b) What does the scatter diagram developed in a) indicate about the relationship between the two variables? c) Compute and interpret the sample covariance d) Compute and interpret the sample correlation coefficient.
