Assuming a Linear Relationship Between X and Y,if the Coefficient

question 178

Multiple Choice

Assuming a linear relationship between X and Y,if the coefficient of correlation (r) equals - 0.30,

• A)there is no correlation.
• B)the slope (b₁)is negative.
• C)variable X is larger than variable Y.
• D)the variance of X is negative.

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Definitions:

Technological Controls

Systems and procedures implemented to monitor, manage, and secure an organization's technology infrastructure and data.

Independent Reviews

Assessments conducted by outside parties to evaluate the accuracy, fairness, or compliance of processes or financial records.

Bank Reconciliation

The process of matching and comparing transactions recorded in an entity's accounting records against those listed on a bank statement.

Internal Controls

The processes and procedures implemented within an organization to ensure the integrity of financial and accounting information, promote accountability, and prevent fraud.