When Interpreting the Covariance Between Variables X and Y, Which

Multiple Choice

When interpreting the covariance between variables x and y, which of the following statements is the 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.