Essay
Longevity and Salary A sample of eight observations of variables x (years of experience)and y (salary in $1,000s)is shown below: 
-{Longevity and Salary Narrative}
a.Calculate and interpret the covariance between x and y.
b.Give a possible reason that the covariance is negative.
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The sign indicates a negative rela...View Answer
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Correct Answer:
Verified
The sign indicates a negative rela...View Answer
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