Using the Following Information: What Is the Correlation

question 47

Multiple Choice

Using the following information: What is the correlation coefficient?

• A)0.81
• B)0.958
• C)- 0.84
• D)0.006

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Definitions:

Profit

The profit achieved when the revenue from a business operation is greater than the expenses, costs, and taxes required for the operation.

Treasury Bond

Debt obligation of the federal government with original maturity between 10 and 30 years.

Liquidate

To convert assets into cash or cash equivalents by selling them on the market.

Spot Price

The current market price at which a particular asset, such as a commodity, currency, or security, can be bought or sold for immediate delivery.