The upper limit of covariance is __________, and the lower limit of covariance is __________.
A) + 100; - 100
B) + 1; 0
C) 0; - 1
D) + 1; - 1
E) Positive infinity; negative infinity

Question

Quizplus · Accepted Answer

Covariance measures the joint variability of two random variables. Its limits are not fixed numbers but can extend to positive or negative infinity, depending on the spread and relationship between the variables.

The Upper Limit of Covariance Is __________, and the Lower