Examlex

Solved

The Pearson Coefficient of Correlation R Equals 1 When There

question 79

Short Answer

The Pearson coefficient of correlation r equals 1 when there is/are no:  A. explained variation  B. unexplained variation  C. y-intercept in the mode  D. outliers. \begin{array}{|l|l|}\hline\text { A. } & \text {explained variation }\\\hline \text { B. } & \text {unexplained variation } \\\hline \text { C. } &\text {\( y \)-intercept in the mode }\\\hline \text { D. } &\text {outliers. }\\\hline\end{array}


Definitions:

Environmental Scanning

A process used by companies to monitor their external and internal environments to detect early signs of opportunities and threats that may influence future strategies.

Market Opportunities

Identifiable segments within a market where a company can focus its efforts to offer a product or service that meets a need, often through competitive advantage.

Recession

A phase of brief economic downturn characterized by decreased trade and manufacturing activity, typically recognized by a drop in Gross Domestic Product for two consecutive quarters.

GDP Declines

A decrease in the gross domestic product, indicating a contraction in a country's economic activity over a specific period.

Related Questions