In the Example 7 there is coefficient of correlation provided. In order to solve the problem, we need to know formula (which in not given): corr(x,y) = cov(x,y)/(sx*sy).

Dear lecturer, please kindly advice if we need to know the relationship between correlation and covariance for exam?

Olesya says

In the Example 7 there is coefficient of correlation provided. In order to solve the problem, we need to know formula (which in not given): corr(x,y) = cov(x,y)/(sx*sy).

Dear lecturer, please kindly advice if we need to know the relationship between correlation and covariance for exam?

John Moffat says

The last but one examiner did ask this once or twice, but it is very unlikely that the current examiner would want it

rmracca says

Thank you , excellent lecture:).

umair85 says

Great work there. Easy and comprehensive.

tinashe says

Nice going!

myosandaraye says

Very clear and helpful, thanks a lot

cormac says

very helpful. thank you.

sabastain says

Very Good

slobodanm says

excellent

redruby2006 says

excellent!