Suppose the Correlation Between the Number of Times Couples Go

question 89

Multiple Choice

Suppose the correlation between the number of times couples go to the movies and the number of times they go out to dinner is ?0?0.79.Among the following conclusions,which one is most consistent with this computation?

• A) The more often that couples go to the movies,the more often they go out to dinner.
• B) The less often that couples go to the movies,the less often they go out to dinner.
• C) There is a strong correlation between the number of times couples go to the movies and the number of times they go out to dinner.
• D) Because the correlation coefficient is less than 1.0,the association between these two variables is very weak and probably unreliable.

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Definitions:

Consolidated Gain or Loss

The combined profit or loss of a parent company and its subsidiaries, reported in the consolidated financial statements.

Statement of Cash Flows

A financial statement that shows how changes in balance sheet accounts and income affect cash and cash equivalents, breaking the analysis down to operating, investing, and financing activities.

Noncontrolling Interest

A portion of equity in a subsidiary not held by the parent company, representing minority shareholders' interest in the subsidiary's net assets.

Indirect Method

A technique for preparing cash flow statements where net income is adjusted for changes in balance sheet accounts to reflect cash inflows and outflows.