With Correlations,tests Can Be Either Directional or Nondirectional

question 76

True/False

With correlations,tests can be either directional or nondirectional.

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Definitions:

Cost Center

A business segment whose manager has control over cost but has no control over revenue or investments in operating assets.

Profit Center

A business segment whose manager has control over cost and revenue but has no control over investments in operating assets.

Margin

Net operating income divided by sales.

Turnover

Sales divided by average operating assets.