Which of the Following Statements About the Covariance Is Correct

question 17

Multiple Choice

Which of the following statements about the covariance is correct?

• A) The covariance measures risk.
• B) The covariance is a number between -1 and +1.
• C) The covariance measures how two variables move relative to each other.
• D) All of the above are correct.

---

Definitions:

Accounts Receivable

Represents the money owed to a company by its customers for goods or services that have been delivered or used but not yet paid for.

Ethnolinguistic Vitality

The degree to which a cultural or ethnic group is able to maintain and use its language and culture in the presence of other dominant groups.

Immigrants

Individuals who move from one country to another with the intention of settling in the new country.

Tribal Cultures

Societies organized into tribes, featuring strong communal bonds, traditions, and often distinct languages or cultural practices.