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The correlation between X and Y A. cannot be negative since variances are always positive. B. can be calculated by dividing the covariance between X
The correlation between X and Y
A.
cannot be negative since variances are always positive.
B.
can be calculated by dividing the covariance between X and Y by the product of the two standard deviations.
C.
is the covariance squared.
D.
is given by corr(X, Y) = cov(X,Y)/var(X)var(Y).
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