If the Coefficient of Determination Is Equal to 1, Then

question 92

Multiple Choice

If the coefficient of determination is equal to 1, then the coefficient of correlation

• A) must also be +1.
• B) can be either -1 or +1.
• C) can be any value between -1 to +1.
• D) must be -1.

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Definitions:

Current Liabilities

Short-term financial obligations that are due within one year or within the normal operating cycle.

FICA Taxes Payable

Taxes that are due on employee and employer contributions to Social Security and Medicare.

Federal Income Taxes Payable

A liability account on the balance sheet representing the amount of income taxes a company owes to the government.

State Income Taxes Payable

This is a liability on a company's balance sheet representing the amount of income taxes owed to various state governments.