When a Correlation Coefficient Is a Negative Number,it Must Be

question 1

Multiple Choice

When a correlation coefficient is a negative number,it must be concluded that:

• A)The variables will have a negative effect on students.
• B)As the one variable increases,the other variable decreases.
• C)The variables are weakly correlated.
• D)An error was made in computing the number

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Definitions:

Derived Demand

The demand for a factor of production or intermediate good that occurs as a result of the demand for another good or service.

Labor

Human effort used in the production of goods and services.

Marginal Product

Refers to the additional output resulting from using one more unit of a production input, holding all other inputs constant.

Capital Input

The amount of capital goods used in the production process, influencing the output.