In General, the Greater the Correlation of a Given Predictor

question 71

True/False

In general, the greater the correlation of a given predictor with other predictors of a criterion, the more useful the predictor will be.

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Definitions:

Binomial Distribution

A probability distribution that represents the number of successes in a set number of independent binary (success/failure) experiments.

Consecutive Trials

Successive attempts or tests carried out to achieve a particular result, where each trial follows the previous one without interruption.

Possible Outcomes

Refers to all the potential results that could occur from a specified event or experiment.

Binomial Random Variable

A random variable that has only two possible outcomes, typically described as success and failure, in a series of experiments.