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Business Statistics
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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
$$\left[ {{\bf{Hint:}}{\text{r}} = \frac{{{\text{Covariance x, y}}}}{{\sqrt {\left( {{\text{Variance of X}}} \right) \times \left( {{\text{Variance of Y}}} \right)} }}} \right]$$

Answer & Solution
Correct Answer: Option B
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