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.
Correct Answer:

Verified
Correct Answer:
Verified
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