State Whether You Think That the Variables Have Strong Positive

question 196

Multiple Choice

State whether you think that the variables have strong positive correlation, weak positive correlation, strong negativecorrelation, weak negative correlation, or no correlation.
-The unemployment rate and the number of homeless people.

• A)Strong negative correlation
• B)No correlation
• C)Weak positive correlation
• D)Strong positive correlation
• E)Weak negative correlation

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Definitions:

Predetermined Overhead Rates

An estimated rate used in cost accounting to allocate overhead costs to products or services based on a set formula.

Machine-Hours

A measurement of the amount of time a machine is operated, used in allocating costs or determining production levels.

Molding

The process of shaping a pliable raw material by using a rigid frame or model called a mold.

Assembly

The process of putting together various components or pieces to build a finished product.