A Correlation Coefficient of -.80 Indicates a

question 64

Multiple Choice

A correlation coefficient of -.80 indicates a

• A) mild, inverse correlation.
• B) strong, inverse correlation.
• C) strong, direct correlation.
• D) nonexistent correlation.

---

Definitions:

Subsidiary

A company that is completely or partly owned and partly or entirely controlled by another company, known as the parent company.

Shareholders

Individuals or entities that own shares in a corporation, thus holding a portion of the corporation's ownership.

Poison Pill

A defensive strategy used by companies to deter hostile takeovers by making the company less attractive to the potential acquirer.

Takeover Bid

An offer made by an individual, group, or company to purchase a significant portion or all of the target company's shares in order to gain control of the target company.