If the Correlation Between Two Variables Is

question 9

Multiple Choice

If the correlation between two variables is .90,this means that there is a

• A)strong association between the two variables.
• B)weak association between the two variables.
• C)strong causal relationship between the two variables.
• D)weak causal relationship between the two variables.

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Definitions:

Operating Income

Earnings before interest and taxes (EBIT), calculated as gross income minus operating expenses.

Variable Cost

A variable cost varies directly with the level of production or sales volume, such as materials and labor costs.

Operating Income

Earnings before interest and taxes (EBIT), a measure of a company's profitability from regular business operations.

Transfer Price

The price at which goods and services are sold between divisions within the same company or between a company and its subsidiary.