When Interpreting the Covariance Between Variables X and Y,which of the Following

question 98

Multiple Choice

When interpreting the covariance between variables x and y,which of the following statements is most accurate?

• A)A negative value of covariance that,on average,if x is below its mean,then y tends to be below its mean.
• B)A positive value of covariance indicates that,on average,if x is above its mean,then y tends to be above its mean.
• C)A positive value of covariance indicates that,on average,if x is above its mean,then y tends to be below its mean.
• D)A negative value of covariance indicates that,on average,if x is above its mean,then y tends to be above its mean.

---

Definitions:

Increase Sales

Strategies or actions taken to upraise the number of products or services sold, thus enhancing revenue.

Inactive Accounts

Accounts that are no longer in use or have not had any activity for a specified period of time.

Develop New Prospects

The process of identifying potential new customers who might be interested in a company's products or services.

Selling

The act of persuading someone to buy a product or service.