Convert the matrix of observations to mean deviation form


Let x1, x2 denote the variables for the two-dimensional data in Exercise 1. Find a new variable y1 of the form y1 = c1x1 + c2x2, with c21 + c22 = 1, such that y1 has maximum possible variance over the given data. How much of the variance in the data is explained by y1?

Exercise 1

Convert the matrix of observations to mean deviation form, and construct the sample covariance matrix.

830_e61cb282-25c6-41a3-bf31-ca7ea12f763f.png

Request for Solution File

Ask an Expert for Answer!!
Mathematics: Convert the matrix of observations to mean deviation form
Reference No:- TGS01420767

Expected delivery within 24 Hours