Which of the Following Statements Is Correct Concerning Correlation Coefficients

question 360

Multiple Choice

Which of the following statements is correct concerning correlation coefficients?

• A) A correlation of +.89 is strong and -.89 is weak.
• B) A correlation of +.89 and -.89 are both strong and equally so.
• C) Correlation coefficients are indicators of cause and effect.
• D) A correlation of +1.5 is very strong.

Grasp the concept of internal controls and their significance in accounting system design.

Appreciate the dynamic nature of accounting systems and their evolution in response to business needs.

Understand the basic concepts related to bonds and their interest rates.

Differentiate between various types of investments and their associated risks.

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Definitions:

College Psychology

A field of study in higher education focused on understanding human behavior and mental processes.

Psychotherapy

A therapeutic approach involving psychological techniques, intended to treat mental health issues by exploring thoughts, feelings, and behaviors.

Effectiveness

The degree to which a process, action, or methodology successfully achieves its intended outcomes or results.

Clients' Perceptions

The way clients view and interpret their experiences or circumstances, often important in therapeutic outcomes.