Phi Is a Correlation Statistic for Which Level of Measurement

question 9

Multiple Choice

Phi is a correlation statistic for which level of measurement below?

• A)nominal
• B)ordinal
• C)interval
• D)nominal and ordinal

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Definitions:

Fair Value

The price one would receive for offloading an asset or would pay to reassign a liability during a formal transaction with participants in the market at the time of valuation.

Consolidated Balance

Refers to the presentation of assets, liabilities, and equity in a single balance sheet that combines the financials of a parent company with its subsidiaries.