According to Guidelines Published by Cohen (1988), a Correlation Value

question 110

Multiple Choice

According to guidelines published by Cohen (1988) , a correlation value of _____ is considered small, _____ is medium, and _____ is strong.

• A) 0.10; 0.30; 0.50
• B) 0.25; 0.50; 0.75
• C) 0.40; 0.60; 0.80
• D) 1.00; 2.00; 3.00

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Definitions:

Natural Resources

Materials or substances occurring in nature which can be exploited for economic gain, such as minerals, forests, water, and fertile land.

Market Value

The market value at which a service or asset is currently available for purchase or sale.

Salvage Value

The projected remainder worth of a property upon reaching the end of its service period, frequently factored into depreciation estimations.

Depletion

The reduction in the value of natural resources, such as minerals, oil, and gas, as they are extracted and utilized.