Testing for the Existence of Correlation Is Equivalent to
A)testing $\beta$

question 50

Multiple Choice

Testing for the existence of correlation is equivalent to

• A)testing for the existence of the slope ( \(\beta\)1 ).
• B)testing for the existence of the Y-intercept ( \(\beta\)0 ).
• C)the confidence interval estimate for predicting Y.
• D)None of the above.

---

Definitions:

Money Supply

The total amount of money in circulation or in existence within a country, including cash and deposits.

Reserve Requirement

The minimum amount of funds that a bank must hold in reserve against deposits made by customers.

Reserves

Funds or material set aside or saved for future use; in banking, refers to the amount of funds that a bank holds in reserve to meet central bank requirements and withdrawals.

Reserve Requirement

A regulation set by central banks determining the minimum amount of reserves that must be held by commercial banks, intended to ensure bank liquidity and stability.