Question 5
Given a random sample of four (x, y) pairs of data points:
(3.1,9) (3.5,13) (5,15) (4.6,11)
What is the covariance?
Answers
Given : a random sample of four (x, y) pairs of data points:
(3.1,9) (3.5,13) (5,15) (4.6,11)
To Find : What is the covariance
Solution:
(3.1,9) (3.5,13) (5,15) (4.6,11)
n = 4
x = 3.1 , 3.5 , 5 , 4.6
∑x = 16.2
μx = ∑x / n = 16.2 /4 = 4.05
y = 9 , 13 , 15 , 11
∑y = 48
μy = ∑y / n =48 /4 = 12
xi xi-μx yi yi-μy (xi-μx)(yi-μy)
3.1 -0.95 9 -3 2.85
3.5 -0.55 13 1 − 0.55
5 0.95 15 3 2.85
4.6 0.55 11 -1 − 0.55
_________________________
16.2 48 4.6
σ xy = ∑(xi-μx)(yi-μy) /n = 4.6/4 = 1.15
covariance = 1.15
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