Examlex
How will firms react to rising output price levels? What reactions can they expect from their employees and suppliers over time?
Covariance
A measure of how two random variables move in relation to each other, indicating the direction of their linear relationship.
Covariance
A measure indicating the extent to which two variables change in tandem, helping to assess the degree to which they move in relation to each other.
Correlation Coefficient
A statistical measure that calculates the strength and direction of a linear relationship between two variables on a numerical scale from -1 to 1.
Standard Deviations
A measure of the dispersion of a set of data from its mean, often used in finance to quantify the volatility of returns.
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