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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.
Shoe Polishing
The process of cleaning, conditioning, and applying polish to shoes to enhance their appearance and longevity.
Profit Margin
A financial metric that measures the degree to which a company or a business activity makes money, expressed as a percentage of revenue.
Sales
The transactions involving the exchange of goods or services for money, representing a critical source of revenue for businesses.
Net Income
This is the amount of profit left after all operating expenses, taxes, and interest are deducted from total revenues.
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