1. You are given the following two series on Bitcoin and the SP500. Bitcoin 39 50 21 55 40 SP500 100 101 102 105 102 (A) Find the covariance and the correlation coefficient. (B) What is the relationship between Bitcoin and the SP500 index? Interpret the relationship (C) Create a scatter plot in Excel with Income and credit score. What do you see?

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
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Chapter4: Equations Of Linear Functions
Section4.5: Correlation And Causation
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1. You are given the following two series on Bitcoin and the SP500.
Bitcoin
39
50
21
55
40
SP500
100
101
102
105
102
(A) Find the covariance and the correlation coefficient. (B) What is the relationship between
Bitcoin and the SP500 index? Interpret the relationship (C) Create a scatter plot in Excel
with Income and credit score. What do you see?
2. Suppose you flip a fair coin four time. (A) What is the probability you will get all four heads?
(B) All four tails? (C) Either all four heads or four tails? (D) Anything but four heads or four
tails?
Transcribed Image Text:1. You are given the following two series on Bitcoin and the SP500. Bitcoin 39 50 21 55 40 SP500 100 101 102 105 102 (A) Find the covariance and the correlation coefficient. (B) What is the relationship between Bitcoin and the SP500 index? Interpret the relationship (C) Create a scatter plot in Excel with Income and credit score. What do you see? 2. Suppose you flip a fair coin four time. (A) What is the probability you will get all four heads? (B) All four tails? (C) Either all four heads or four tails? (D) Anything but four heads or four tails?
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