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One should get nice enough grades in the high school to enter the University of Alabama. A survey has been conducted among high school graduates who want to be admitted to the University of Alabama revealing their GPA and SAT scores. The results of this survey are presented in the table below. Using this information calculate and interpret the value of the correlation coefficient between GPA and SAT scores of the students.
Liabilities
Liabilities represent obligations or debts that a company owes to external parties, which must be settled through the transfer of assets or services.
Assets
Economic resources owned by a business or individual, expected to bring future benefits.
Net Income
The total profit or loss of a business after all expenses, taxes, and costs have been subtracted from total revenue.
Net Loss
A situation where total expenses exceed total revenues, indicating a negative profit.
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