Suppose that you have a sample of 500 observations on two


Suppose that you have a sample of 500 observations on two random variables: price denoted as X, and profit, denoted as Y. So you observe {xi, yi} for i=1,...500. Write down the formula for sample mean and sample variance of X and Y as well as the sample covariance between X and Y.

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Business Management: Suppose that you have a sample of 500 observations on two
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