The Correlation Between $X$ And $Y$ Is $r = 0.35$ If We Double Each

question 164

Multiple Choice

The correlation between $X$ and $Y$ is $r = 0.35$ . If we double each $X$ value, decrease each $Y$ by $0.20$ , and interchange the variables (put $X$ on the $Y$ -axis and vice versa) , the new correlation

• A) is 0.35
• B) cannot be determined.
• C) is 0.70
• D) is 0.90
• E) is 0.50

Understand how different factors, such as safety and liquidity, influence investment decisions.

Learn strategies for allocating funds for investing, including saving consistently and capitalizing on financial windfalls.

Acknowledge the impacts of economic changes on investment values.

Realize the significance of return on investments and how to calculate earnings over time.

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