If the Coefficient of Correlation Is a Positive Value, Then

question 135

Multiple Choice

If the coefficient of correlation is a positive value, then

• A)the intercept must also be positive
• B)the coefficient of determination can be either negative or positive, depending on the value of the slope
• C)the regression equation could have either a positive or a negative slope
• D)the slope of the line must be positive

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Definitions:

Capital Intensive

A description of industries or businesses that require large investments in capital assets to produce goods or services.

Variable Cost

Costs that change in proportion to the level of production or activity within a company.

Long Run

A time period in economics during which all inputs or factors of production can be varied, and no costs are fixed.

Expenditures

Money spent on goods, services, or other expenses by individuals, businesses, or governments.