A Researcher Calculates a Correlation of

question 43

Multiple Choice

A researcher calculates a correlation of .52 for a sample of 13 people. Which of the following is the correct way to present this analysis?

• A) r(13) = .52, p < .05
• B) r(11) = .52, p > .05
• C) r(12) = .52, p > .01
• D) r(13) = .52, p < .01

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Definitions:

Gross Profit

The financial metric indicating the difference between revenue and the cost of goods sold, showcasing how efficiently a company is producing or sourcing its products.

Contribution Margin Ratio

The percentage of each sales dollar that remains after variable costs are subtracted, contributing to covering fixed costs and profit.

Margin Of Safety Ratio

A financial metric that indicates how much sales can decline before a business reaches its break-even point.

Costs And Expenses Ratio

A financial metric that compares the costs and expenses of a company to its total revenue, indicating the efficiency of its operations.