Identify What Is Wrong with Each of the Following Statements $800 \mathrm {~m}$

question 96

Essay

Identify what is wrong with each of the following statements:
a. The correlation between Olympic gold medal times for the $800 \mathrm {~m}$ hurdles and year is $- 0.66$ seconds per year.
b. The correlation between Olympic gold medal times for the $100 \mathrm {~m}$ dash and year is $- 1.37$ . c. Since the correlation between Olympic gold medal times for the $800 \mathrm {~m}$ hurdles and $100 \mathrm {~m}$ dash is $- 0.41$ , the correlation between times for the $100 \mathrm {~m}$ dash and the $800 \mathrm {~m}$ hurdles is $+ 0.41$ .
d. If we were to measure Olympic gold medal times for the $800 \mathrm {~m}$ hurdles in minutes instead of seconds, the correlation would be $- 0.66 / 60 = - 0.011$ .

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Definitions:

Common Shares

Equity securities that represent ownership in a corporation, providing voting rights and entitling holders to a share of the company's profits via dividends.

Dividend

A share of profits distributed by a company to its shareholders, typically in the form of cash or additional stock.

Net Assets

The difference between an entity's total assets and total liabilities, representing the owners' equity in a company.

Year-end Adjustment

Adjustments made to financial statements at the close of a fiscal year to account for all financial activities and ensure accuracy in reporting.