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.
C
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Which of the following should be included in the body of a request for a recommendation?
A) The full name and address of the person to whom the letter should be sent B) A deadline for recommendation C) An offer to pay for the service rendered D) A sincere apology for the trouble caused E) An expression of appreciation
Lovely Skin is establishing a pricing strategy for a new moisturizer. The total cost to produce each unit is $3.50. The company has decided to add a $1.50 markup, so the unit price to distributors will be $5
Lovely Skin is using a ________ approach to price the new moisturizer. A) value-added B) good-value C) cost-plus D) competitor-based E) break-even