If the Correlation Between GDP and Y Is 0

question 23

Multiple Choice

If the correlation between GDP and y is 0.75, we say y is

• A) procyclical.
• B) countercyclical.
• C) acyclical.
• D) negatively correlated.
• E) cyclical.

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Definitions:

Distribution

Refers to the way values in a data set are spread or dispersed, indicating the pattern of variations within the data.

Plus Or Minus Signs

Symbols used to indicate the precision of an approximate number, or to show the range of possible values around a given value.

X-axis

The horizontal axis in a graph or chart, commonly used to represent the independent variable's range of values.

Normal Curve

A symmetrical, bell-shaped curve that represents the distribution of many types of data where most values cluster around a central mean.