The Coefficient of Correlation

question 4

Multiple Choice

The coefficient of correlation

• A)is the same as the coefficient of determination
• B)can be larger than 1
• C)cannot be larger than 1
• D)cannot be negative

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Definitions:

Labour Mobility

The extent to which workers can move easily between jobs, locations, or industries, influenced by factors such as regulations and qualifications.

Turnover

The rate at which employees leave a company and are replaced by new hires over a certain period.

SWOT Analysis

A tool for strategic planning that helps pinpoint the Strengths, Weaknesses, Opportunities, and Threats associated with competing in business or planning a project.

External Analysis

The process of scanning and evaluating an organization's various external environments to identify opportunities and threats.