Which of the Following Does Not Explain a Possible Relationship

question 61

Multiple Choice

Which of the following does not explain a possible relationship between variables when the null hypothesis is rejected?

• A) caused by a third variable
• B) uncorrelated
• C) direct cause-and-effect
• D) negative effect

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Definitions:

Measures Performance

The process of evaluating the efficiency and effectiveness of actions or operations, typically through quantitative metrics.

Flexible Budget

A budget that is stated as a function of some volume measure, such as units produced. Flexible budgets adjust for changes in volume.

Master Budget

A document that integrates all the estimates from the different departments to establish guidelines and benchmarks for the whole organization.

Favorable Variance

A financial term indicating that actual spending was less than budgeted amounts, or revenue was higher than expected.