In Order to Establish the Significance of a Correlation, One

question 102

Multiple Choice

In order to establish the significance of a correlation, one must know the value of the correlation coefficient and also

• A) the number of paired scores
• B) whether it relates to other measures
• C) Whether it specifies the direction of the association
• D) the sign of the correlation

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Definitions:

Assignee

The party to whom rights or duties under a contract are transferred by another party (the assignor).

Notice of Assignment

A formal notification that a contract or property has been legally transferred from one party to another.

Novation

The process of replacing an existing obligation with a new one, thereby extinguishing the original contract and starting anew.

Privity of Contract

The relationship between parties in a contract that confers rights and obligations. It typically prevents a third party from enforcing or being subject to the terms of the contract.