Generally Speaking, If Two Variables Have a Strong Positive Linear

question 94

True/False

Generally speaking, if two variables have a strong positive linear relationship, the covariance between them is equal to one.

---

Definitions:

Assembly-Line Production

A manufacturing process in which parts are added to a product in a sequential manner to create a finished product quicker and more efficiently.

Unemployment Rates

The percentage of the labor force that is jobless and actively looking for employment.

Functional Full-Employment

A state in an economy where all job seekers find employment that matches their skills and preferences, with minimal levels of unemployment due to natural turnover.

Pro Bono Services

Services provided for free, especially legal services offered to individuals or charitable organizations who are unable to pay.