If the coefficient of correlation r = 0 .80, the standard deviations of X and Y are 20 and 25, respectively, then Cov(X, Y) must be 400

a. True
b. False
Indicate whether the statement is true or false


True

Business

You might also like to view...

____________________ are often referred to as measures of central tendency.

Fill in the blank(s) with the appropriate word(s).

Business

At Trader Joe’s, every employee from store clerk to vice president is expected to contribute ideas about how the store is run, and managers are expected to communicate to employees about the goals of the organization. What direction of communication is represented in the example?

A. downward and lateral B. upward and informal C. upward and downward D. lateral and upward

Business

Personal financial statements present assets at their historical cost

Indicate whether the statement is true or false

Business

Discuss the various elements of the cost control process

Business