From the following calculate coefficient of correlation of x and y : Covariance between x and y = -8, Standard deviation of x = 2, Standard deviation of y = 4

CS Executive · Financial and Strategic Management · PYQS · December 2021
From the following calculate coefficient of correlation of x and y : Covariance between x and y = -8, Standard deviation of x = 2, Standard deviation of y = 4
(A) -1.0
(B) 1.0
(C) 0.5
(D) -0.5

Answer & Explanation:

Correct Answer: Option (A)

Official answer key: (A).

Topics: Financial Management

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