Use the following sample data to calculate the following summary statistics X Y 5 20 7 50 4 10 5 20 5 30 5 20 3 10 8 50 2 10 2 5 A.Calculate the mean for X and Y b. Calculate the standard deviation for X and Y c. Calculate the correlation coefficient (r) using formula

Use the following sample data to calculate the following summary statistics X Y 5 20 7 50 4 10 5 20 5 30 5 20 3 10 8 50 2 10 2 5 A.Calculate the mean for X and Y b. Calculate the standard deviation for X and Y c. Calculate the correlation coefficient (r) using formula

Auditing: A Risk Based-Approach (MindTap Course List)

11th Edition

ISBN:9781337619455

Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Chapter8: Specialized Audit Tools: Attributes Sampling, Monetary Unit Sampling, And Data Analytics Tools

Section: Chapter Questions

Problem 36CYBK

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Question

Use the following sample data to calculate the following summary statistics

X	Y
5	20
7	50
4	10
5	20
5	30
5	20
3	10
8	50
2	10
2	5

A.Calculate the mean for X and Y

b. Calculate the standard deviation for X and Y

c. Calculate the correlation coefficient (r) using formula

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