For Two Variables, a Positive Correlation Coefficient Indicates

question 106

Multiple Choice

For two variables, a positive correlation coefficient indicates .

• A) a linear relationship exists for which one variable increases as the other also increases
• B) a linear relationship exists for one variable that increases while the other decreases
• C) that the two variables have no linear relationship with each other
• D) a nonlinear relationship with no linear correlation between the two variables

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Definitions:

Liquidated Debt

A debt with a fixed and determinable amount that is agreed upon by both parties.

Accord And Satisfaction

A legal concept where parties to a dispute resolve their differences through a mutually agreed upon solution, often involving payment in exchange for dropping a claim.

Unliquidated Debt

A debt for which the exact value has not been determined, often due to disputes over amount or the presence of damages.

Unilateral Contract

A type of contract where one party makes a promise in exchange for an act by the other party, becoming binding once the act is completed.