If cov (x,y) is negative, then variable x ______ as variable y increase.
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Answer:
incredible is the right answer
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Given
- cov (x,y) is negative
To find
- the relation between variables X and y
Solution
we are provided that the covariance of two variables x and y is negative. we know that,
correlation coefficient is given by,
r = cov(x,y)/[sd(x).sd(y)]
since, standard deviation cannot be negative and it is given the covariance is negative, r would become negative.
Therefore, (assuming that r is negative one) the variable x would decrease as the variable y would increase.ie, they shall obey inverse relation.
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