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If You Wanted to Compute the Correlation Between Two Ordinal-Level

question 11

Multiple Choice

If you wanted to compute the correlation between two ordinal-level variables,which type of correlation should you use?


Definitions:

Shareholders

Individuals or entities that own shares in a corporation, making them owners of the company to the extent of the shares held.

Parent Company

A company that holds a controlling interest in one or more subsidiaries.

Financial Reporting Period

The time period covered by financial statements, typically a fiscal quarter or year.

Subsidiary

A company that is completely or partially owned and controlled by another company, known as the parent company.

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