Correlational Designs J

question 28

Multiple Choice

Correlational Designs J.D.computed a Pearson Product Moment Correlation Coefficient from
Sample data and found that r = + 1.8.What should we conclude from this
Result?

• A)J.D.should recheck his calculations
• B)there was a strong positive relationship between the two variables
• C)there was a weak negative relationship between the two variables
• D)there was no relationship between the two variables

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Definitions:

Trade Restriction

Measures implemented by governments to control the amount of trade across borders, including tariffs, quotas, and non-tariff barriers.

Production Relationships

The correlations between input factors and the resulting output in the production process of goods or services.

Production Possibilities Frontier

A graph showing all the possible highest production levels for two or more products, given certain inputs.

Trade

The act of buying, selling, or exchanging goods and services between people, firms, or countries.