If You Would Like to Examine the Relationship Between Two

question 8

Multiple Choice

If you would like to examine the relationship between two categorical variables, which type of correlation coefficient would you use?

• A) Point biserial coefficient
• B) Pearson product moment coefficient
• C) Phi coefficient
• D) Spearman rank coefficient

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Definitions:

Vacation Time

Allocated time off work provided by employers for employees to rest, travel, or engage in personal activities.

Employee Discount Plans

Benefits offered by employers that allow their employees to purchase the company's products or services at a reduced price.

Organizations

Groups of individuals structured to achieve common goals or objectives, which can include businesses, government agencies, non-profits, and more.

Voluntary Non-Insurance

A decision by individuals or entities to not purchase insurance coverage for potential risks, relying instead on self-funding for losses.