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The Correlation Value for Pearson's R Does Not Reach 1

question 3

True/False

The correlation value for Pearson's r does not reach 1.0 (unity)but will after you square it.

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Definitions:

Operating Income

Profit realized from a business's core operations, excluding deductions of interest and taxes.

Cash Payback

A method used to evaluate the investment efficiency or the time period required to recoup the cost of an investment in cash flows.

Automatic Insertion Machine

Machinery used in manufacturing processes to automatically place components onto printed circuit boards or into other assembly units.

Average Rate of Return

A financial ratio used to evaluate the profitability of an investment, calculated by dividing the average annual profit by the initial investment cost, typically expressed as a percentage.

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