If There Is a Very Strong Correlation Between Two Variables

question 16

Multiple Choice

If there is a very strong correlation between two variables, then the coefficient of determination must be

• A) much larger than 1, if the correlation is positive.
• B) much smaller than -1, if the correlation is negative.
• C) equal to zero.
• D) closer or equal to 1.

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Definitions:

Internal Stakeholders

Individuals or groups within an organization who are directly affected by its activities, such as employees, managers, and owners.

External Stakeholders

Individuals or groups outside of a corporation who are affected by the corporation's operations, such as suppliers, customers, and the community.

Past Data

Historical information or records that are used as a reference or guide for decision-making, planning, and forecasting in business or research.

Objectives

Specific, measurable goals set by an organization or individual to guide actions and decision making.