If for two variable x and y, the covariance, variance of x and variance of y are 40, 16 and 256 respectively, what is the value of the correlation…

CA Foundation · Quantitative Aptitude · MTP · June 2024
If for two variable x and y, the covariance, variance of x and variance of y are 40, 16 and 256 respectively, what is the value of the correlation coefficient?
(A) A. 0.01
(B) B. 0.625
(C) C. 0.4
(D) D. 0.5

Suggested Answer and Working Notes:

Correct Answer: Option (B)

B. 0.625

Topics: Part-C: Statistics

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