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If the Covariance of Two Random Variables X and Y

question 106

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If the covariance of two random variables X and Y is positive,then Var(X - Y)will be larger than Var(X + Y).


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This term refers to the benefit gained in financial terms, often measured in terms of profit or cost savings.

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The decision to stop manufacturing, selling, or supporting a product, often due to low sales or profitability.

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The benefit gained from making a financially prudent decision that leads to wealth accumulation, cost savings, or any other monetary gain.

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