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Basic Question 11 of 15

The sign of the correlation between dependent variable (Y) and independent variable (X) is determined by:

A. the covariance of X and Y
B. the variable of X
C. the standard deviation of Y and X

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I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz

Tamara Schultz

Learning Outcome Statements

describe a simple linear regression model, how the least squares criterion is used to estimate regression coefficients, and the interpretation of these coefficients

CFA® 2025 Level I Curriculum, Volume 1, Module 10.