Of the Following Correlation Coefficients, the One That Would Yield

question 68

Multiple Choice

Of the following correlation coefficients, the one that would yield the least accurate predictions of one variable based on the other variable would be

• A) 0.00.
• B) +0.99.
• C) +0.17.
• D) -0.49.

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Definitions:

Noncumulative Discounts

Price reductions on purchases that do not accumulate over time, typically offered as one-time incentives.

Cumulative Quantity Discounts

Price reductions based on the total quantity of goods a customer purchases over a given time period, incentivizing larger orders.

Quoting Prices

The act of providing a potential buyer with a specific price at which goods or services can be sold, often before a deal is finalized.

Transportation Costs

Expenses associated with the movement of goods or people from one location to another, including fuel, labor, and maintenance.