What Is the Correlation Between a Variable and Itself

question 2

Multiple Choice

What is the correlation between a variable and itself?

• A) 0
• B) .5
• C) 1
• D) infinity

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Definitions:

Accounts Receivable Balance

The total amount of money owed to a company by its customers for goods or services provided on credit.

Credit Sales

Sales made on credit, allowing the buyer to pay at a later date.

Days' Sales Outstanding

A financial metric that shows the average number of days it takes a company to collect payments after a sale has been made.

Exercise Value

Equal to the current price of the stock (underlying the option) less the strike price of the option.