THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING:
The manager of a movie rental store was interested in examining the relationship between the weekly take-home pay for a family and the amount that family spends weekly on recreational activities.The following output was generated using Minitab:
Covariances

Let X = weekly take-home pay,and Y = amount spent weekly on recreational activities.
-Identify the covariance between X and Y.

Question

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING:
The manager of a movie rental store was interested in examining the relationship between the weekly take-home pay for a family and the amount that family spends weekly on recreational activities.The following output was generated using Minitab:
Covariances
  
Let X = weekly take-home pay,and Y = amount spent weekly on recreational activities.
-Identify the covariance between X and Y.

Quizplus · Accepted Answer

The Answer of THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING:
The manager of a movie rental store was interested in examining the relationship between the weekly take-home pay for a family and the amount that family spends weekly on recreational activities.The following output was generated using Minitab:
Covariances
  
Let X = weekly take-home pay,and Y = amount spent weekly on recreational activities.
-Identify the covariance between X and Y.