Using the Binomial Effect Size Display, If There Is a Correlation

question 46

Multiple Choice

Using the Binomial Effect Size Display, if there is a correlation of .30 between drinking alcohol and the likelihood of having a car accident, then out of 100 people who have been drinking, you would expect ________ of them to have an accident.

• A) 100
• B) 45
• C) 90
• D) 65

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Definitions:

Limited Life

A feature of certain business entities where the business has a defined end date or event upon which it will dissolve.

Unlimited Liability

A legal obligation where a business owner or partner is personally responsible for all of the debts of the business.

Mutual Agency

A business principle where each partner in a partnership can act on behalf of the partnership, binding it contractually.

Partnership Accounting

The system of accounting that deals with financial transactions and record-keeping for business partnerships.