A Pearson Correlation Coefficient of 0

question 62

Multiple Choice

A Pearson correlation coefficient of 0.72 indicates a strong positive correlation, and a Spearman correlation coefficient of 0.72 indicates _____ correlation.

• A) a strong positive
• B) no
• C) a strong negative
• D) a weak positive

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Definitions:

External Cost

Costs of a transaction that affect people other than the buyer or seller, typically not reflected in the market price.

Air Pollution

The presence of harmful substances in the air, often resulting from human activities, leading to environmental and health issues.

Tennessee

A U.S. state located in the southeastern region, known for its music heritage, particularly in cities like Memphis and Nashville.

Government Intervention

The actions taken by a government to influence or regulate various activities within its economy.