Rocky Rococo Found a Correlation of

question 20

Multiple Choice

Rocky Rococo found a correlation of .001 between the amount of pizza a person consumed in a year and the number of Italian phrases the person could correctly translate into English. From this, he should conclude

• A) there is a strong negative relationship between the variables.
• B) there is no relationship between the variables.
• C) there is a weak negative relationship between the variables.
• D) there is a strong positive relationship between the variables.

---

Definitions:

Unit Product Cost

The total cost (both fixed and variable) associated with a product, divided by the number of units produced.

Year 2

Often refers to the second year of operation, study, or analysis in various contexts, particularly in financial and academic settings.

Absorption Costing

A technique in financial accounting that involves accumulating all costs of production, namely direct materials, direct labor, and overhead (both fixed and variable), into the cost base of a product.

Net Operating Income

This is the total profit of a company after operating expenses are subtracted from operating revenues but before income from investments and taxes are considered.