13. If xy = 2638, X = 14, y = 17, n = 10 then cov (x, y) is
(A) 24.2
(B) 25.8
(C) 23.9
(D) 20.5
Answers
Answer:
(B) 25.8
Step-by-step explanation:
hope it is helping..
Answer:
The correct answer is option (B) 25.8
Concept:
Covariance: Covariance is defined as the measure of relationship between two given variables. Suppose there is two sets of variables x and y. Their covariance is given by,
Cov(x, y) = ∑xy/n - (∑x/n)(∑y/n)
where n is the number of terms.
Given:
∑xy = 2638
X = 14 = Mean of x
Y = 17 = Mean of y
n = 10
Find:
cov(x, y) [Covariance between x and y]
Solution:
Covariance between x and y is given by,
cov(x, y) = ∑xy/n - (∑x/n)(∑y/n)
But (∑x/n) = Mean of x = X
(∑y/n) = Mean of y = Y
∴ cov (x, y) = (∑xy/n) - XY
Putting all the values in the above formula, we get
cov (x, y) = (2638/10) - (14)(17)
= 263.8 - 238
= 25.8
cov (x,y) = 25.8
Hence, the correct answer is option (B).
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