If covariance between two variables is near 0, it implies that
A)a positive relationship exists between the variables.
B)the variables are not linearly related.
C)the variables are negatively related.
D)the variables are strongly related.

Question

Quizplus · Accepted Answer

Covariance measures the linear relationship between two variables. If covariance is near 0, it indicates that there is no or very weak linear relationship between the two variables. Therefore, choice B - the variables are not linearly related - is the best option.

If Covariance Between Two Variables Is near 0, It Implies