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medulla medulla
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Which of the following statements about the covariance is correct?
A) The covariance measures risk.
B) The covariance is a number between -1 and +1.
C) The covariance measures how two variables move relative to each other.
D) All of the above are correct.
Textbook 
Introduction to Risk Management and Insurance

Introduction to Risk Management and Insurance


Edition: 10th
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nationalnational
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Thank you, thank you, thank you!
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