If the Coefficient of Determination Was 0

question 45

Multiple Choice

If the coefficient of determination was 0.49, then the correlation coefficient would be _______.

• A)0.7
• B)-0.7
• C)0.49
• D)0.7 or -0.7
• E)-0.49

Recognize how personality assessments can predict employee behavior and job performance.

Understand how governments can regulate negative externalities through direct controls.

Identify the resource allocation problems created by negative and positive externalities.

Recognize different solutions to traffic congestion, including congestion pricing.

---

Definitions:

Monthly Consumption

The total amount of goods and services that consumers purchase and use within a month.

Monthly Income

The total earnings received by an individual or entity on a monthly basis, from sources such as employment, investments, and other income.

Income Elasticity of Demand

Indicates how the quantity demanded of a good changes in response to a change in consumers' income.

Monthly Income

The total amount of earnings received every month from work, investments, benefits, and other sources.