Examveda

If covariance of X and Y is 12.3. Variance of X is 16.4 and variance of Y is 13.8, then r will be
$$\left[ {{\bf{Hint:}}{\text{r}} = \frac{{{\text{Covariance x, y}}}}{{\sqrt {\left( {{\text{Variance of X}}} \right) \times \left( {{\text{Variance of Y}}} \right)} }}} \right]$$

A. 0.38

B. 0.82

C. 0.85

D. 0.76

Answer: Option B


This Question Belongs to Management >> Business Statistics

Join The Discussion

Related Questions on Business Statistics