Which Correlation Coefficient Represents the Strongest Relationship Between Two Variables

question 161

Multiple Choice

Which correlation coefficient represents the strongest relationship between two variables?

• A)-.75
• B).60
• C).00
• D).30

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Definitions:

Accumulated Depletion

The total amount of natural resources cost that has been allocated as an expense due to the physical removal or consumption of the natural resource.

Contra-Asset Account

An account that is used to reduce the value of a related asset, e.g., allowance for doubtful accounts reduces accounts receivable.

Natural Resources

Assets that occur in nature, such as minerals, forests, and water, often subject to depletion over time through use.

Intangible Asset

An asset lacking physical substance but offering economic value through rights or intellectual property.