Step 1 Random variable X Random variable Y X- Mean Y - Mean

2.1 8 -0.95 -3
2.5 10 -0.55 -1
3.6 12 0.55 1
4 14 0.95 3

Mean (X) Mean (Y)

3.05 11

Step 2 Random variable X X- Mean (X – Mean)2

2.1 -0.95 0.90
2.5 -0.55 0.30
3.6 0.55 0.30
4 0.95 0.90

Var (X) 0.80

Std. dev (X) 0.90

Step 3
correlation 0.977
(X- Mean)(Y – Mean)
2.85
0.55
0.55
2.85
6.8
COV
2.27

Random variable Y Y - Mean (Y – Mean)2

8 -3 9
10 -1 1
12 1 1
14 3 9

Var (Y) 6.67

Std. dev (Y) 2.58