Question
For each of the following scenarios A and B: Scenario A Scenario B COV(X,Y) 155 -480...
For each of the following scenarios A and B:
|
Scenario A |
Scenario B |
|
|
COV(X,Y) |
155 |
-480 |
|
Standard deviation of X |
50 |
242 |
|
Standard deviation of Y |
50 |
2 |
- What does the covariance say about the relationship between X and Y?
- Describe the strength of the relationship between X and Y.
Note : Answers should be in Word version for easy copy and paste
Homework Answers
Answer #1
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