The Correlation Coefficient Resulting from a Particular Regression Analysis Was

question 101

Multiple Choice

The correlation coefficient resulting from a particular regression analysis was 0.25.What was the coefficient of determination?

• A)0.5
• B)-0.5
• C)0.0625
• D)There is insufficient information to answer the question.
• E)None of the above

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Definitions:

Cost Or Market

An accounting principle that states inventory should be recorded at either its historical cost or market value, whichever is lower.

Replacement Cost

The cost to replace an asset with another of similar quality and functionality at current market prices.

Cost Of Completion

the estimated total expense required to finish a project, product, or service, often used in budgeting and financial projection.

Normal Profit

The minimum profit necessary for a company to remain competitive in its market, covering its opportunity costs.