The Major Difference Between the Correlation Coefficient and the Covariance

question 28

Multiple Choice

The major difference between the correlation coefficient and the covariance is that:

• A)the correlation coefficient can be positive,negative or zero while the covariance is always positive
• B)the correlation coefficient measures relationship between securities and the covariance measures relationships between a security and the market
• C)the correlation coefficient is a relative measure showing association between security returns and the covariance is an absolute measure showing association between security returns
• D)the correlation coefficient is a geometric measure and the covariance is a statistical measure

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Definitions:

Electronic Health Record

A digital version of a patient’s medical history, maintained over time by authorized healthcare providers.

Digital Format

A form of storing information using digital technology that allows data to be accessed through electronic devices.

Patient Records

Documents that contain detailed and comprehensive information on an individual’s medical history and care within a healthcare framework.

Electronic Health Record

Digital version of a patient's medical history, maintained over time, which includes diagnoses, medications, treatment plans, immunization dates, and more.