CA Foundation Exam  >  CA Foundation Questions  >  Covariance may be positive, negative or zero.... Start Learning for Free
Covariance may be positive, negative or zero.
  • a)
    true
  • b)
    false
  • c)
    both
  • d)
    none
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
Covariance may be positive, negative or zero.a)trueb)falsec)bothd)none...
Explanation:

Covariance is a statistical measure that indicates the extent to which two variables are related. The relationship between two variables can be positive, negative or zero. Therefore, the statement "Covariance may be positive, negative or zero" is true.

Positive Covariance: When one variable increases, the other variable also increases. In this case, the covariance between the two variables will be positive.

Negative Covariance: When one variable increases, the other variable decreases. In this case, the covariance between the two variables will be negative.

Zero Covariance: When there is no relationship between two variables, the covariance between the two variables will be zero.

Therefore, it can be concluded that covariance can be positive, negative or zero depending on the relationship between the two variables being analyzed.
Explore Courses for CA Foundation exam
Covariance may be positive, negative or zero.a)trueb)falsec)bothd)noneCorrect answer is option 'A'. Can you explain this answer?
Question Description
Covariance may be positive, negative or zero.a)trueb)falsec)bothd)noneCorrect answer is option 'A'. Can you explain this answer? for CA Foundation 2025 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Covariance may be positive, negative or zero.a)trueb)falsec)bothd)noneCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for CA Foundation 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Covariance may be positive, negative or zero.a)trueb)falsec)bothd)noneCorrect answer is option 'A'. Can you explain this answer?.
Solutions for Covariance may be positive, negative or zero.a)trueb)falsec)bothd)noneCorrect answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for CA Foundation. Download more important topics, notes, lectures and mock test series for CA Foundation Exam by signing up for free.
Here you can find the meaning of Covariance may be positive, negative or zero.a)trueb)falsec)bothd)noneCorrect answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Covariance may be positive, negative or zero.a)trueb)falsec)bothd)noneCorrect answer is option 'A'. Can you explain this answer?, a detailed solution for Covariance may be positive, negative or zero.a)trueb)falsec)bothd)noneCorrect answer is option 'A'. Can you explain this answer? has been provided alongside types of Covariance may be positive, negative or zero.a)trueb)falsec)bothd)noneCorrect answer is option 'A'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Covariance may be positive, negative or zero.a)trueb)falsec)bothd)noneCorrect answer is option 'A'. Can you explain this answer? tests, examples and also practice CA Foundation tests.
Explore Courses for CA Foundation exam

Top Courses for CA Foundation

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev