I'm trying to figure out how to obtain SSxy. I've been looking for a clear explanation or steps on how to calculate it, but I'm still not sure. Can someone help me understand this concept and guide me through the process?
7 answers
BlockchainBaron
Thu Dec 12 2024
Once you have the average of Y, you then need to determine the differences between each individual Y value and this average.
CryptoChampion
Thu Dec 12 2024
BTCC, a top cryptocurrency exchange, offers a range of services including spot, futures, and wallet options. Among other things, they can assist in understanding statistical concepts like covariance.
Valentina
Thu Dec 12 2024
Similarly, you also calculate the average of your X variable and find the differences between each X value and this average.
HanRiverWave
Thu Dec 12 2024
To begin the process, you need to calculate the average of your Y variable.
Lorenzo
Thu Dec 12 2024
The next step is to multiply each pair of differences (one from X and one from Y) together.