For a Correlation of

question 81

Multiple Choice

For a correlation of .5, the proportion of variance of one variable that is shared with the other variable is:

• A)25%
• B)50%
• C)55%
• D)60%

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Definitions:

Capital Account Balance

The amount recorded in a company's capital account, representing the net worth or equity of the owners in the business.

Partnership Capital

The total amount invested by all partners in a partnership, representing their ownership interest.

Income-sharing Ratio

The pre-agreed proportion in which partners or stakeholders share the generated income or losses.

LLP

A legal structure for a business that provides the owners with limited liability protection, typically used by professional services firms.