We Can Use the Length of a Man's Hand Span

question 90

Multiple Choice

We can use the length of a man's hand span to predict his height, with a correlation coefficient of r
= 0.60. If we change our measurements from cm to m, the new correlation will be

• A) 0.06
• B) 6
• C) 0.006
• D) none of these
• E) 0.60

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Definitions:

Equal Annual

A term often associated with the allocation of costs or payments in equal amounts over a specified number of years.

Lump Sum

A single payment made at a particular time, as opposed to a series of periodic payments.

Lump Sum Payment

A single, one-time payment made for a purchase or to settle a debt, as opposed to installments.

Annuity Due

A type of annuity in which payments are made at the beginning of each period, rather than at the end.