What Are the Possible Values of Covariance

question 7

Multiple Choice

What are the possible values of covariance?

• A) -œ to 0
• B) - 1 to + 1
• C) 0 to + œ
• D) -œ to + œ

---

Definitions:

Company Tax Rate

The rate at which a company is taxed on its profits by the government.

Inventories

The total amount of goods available for sale and raw materials available to produce those goods held by a company.

Subsidiary Entity

A company that is controlled by another company, often referred to as the parent company, through ownership of more than half of the subsidiary's voting stock.

Parent Entity

A business that controls one or more subsidiary companies.