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If the Coefficient of Correlation R = -

question 31

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If the coefficient of correlation r = -.81,the standard deviations of x and y are 20 and 25,respectively,then cov(x,y)must be -405.0.


Definitions:

Invested Capital

Represents the total amount of money that shareholders and debt holders have invested in a company.

Gross Assets

The total value of all assets owned by an entity before deducting any liabilities or depreciation.

GAAP

Generally Accepted Accounting Principles, a standard framework of guidelines for financial accounting.

Earnings Benchmarks

Standards or metrics against which a company's profitability can be measured.

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