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Author Question: The advantage that the coefficient of correlation has over the covariance is that the former has a ... (Read 114 times)

kaid0807

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on: Jun 24, 2018
The advantage that the coefficient of correlation has over the covariance is that the former has a set lower and upper limit.
  Indicate whether the statement is true or false

Question 2

If the coefficient of correlation r = -.81, the standard deviations of x and y are 20 and 25, respectively, then cov(x, y) must be -405.0.
  Indicate whether the statement is true or false


cascooper22

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Reply #1 on: Jun 24, 2018
Answer to Question 1

T

Answer to Question 2

T


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