What Would the Scatterplot Show for Data That Produce a Pearson

question 11

Multiple Choice

What would the scatterplot show for data that produce a Pearson correlation of r = +.88?

• A)points clustered close to a line that slopes up to the right
• B)points clustered close to a line that slopes down to the right
• C)points widely scattered around a line that slopes up to the right
• D)points widely scattered around a line that slopes down to the right

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Definitions:

GAAP

Generally Accepted Accounting Principles, which are a common set of accounting rules and standards used in the United States for financial reporting.

Accrual Basis

An accounting method where revenues and expenses are recorded when they are earned or incurred, regardless of when the cash transactions occur.

Cash Basis

An accounting method where revenues and expenses are recorded only when cash is received or paid, irrespective of when the transactions actually occurred.

Adjusting Entry

Journal entries made in accounting records at the end of an accounting period to allocate income and expenditure to the correct periods.