The Sample Covariance Can Be Equal to Any Value ________

question 85

Multiple Choice

The sample covariance can be equal to any value ________.

• A)between -œ and +œ
• B)other than zero
• C)greater than or equal to zero
• D)between - 1.0 and +1.0

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Definitions:

AASB 141

An Australian Accounting Standards Board standard that concerns agriculture, detailing the accounting for agricultural activity including the transformation of biological assets (living plants and animals) into agricultural produce.

IAS 41

The International Accounting Standard that deals with the accounting for agriculture, including the recognition and measurement of biological assets.

Biological Assets

Living plants or animals that are held by an entity for the purpose of selling them, producing agricultural produce, or providing services.

Agricultural Produce

Products resulting from agricultural activities that have not been processed significantly, such as crops, livestock, and fisheries.