Find the Value of the Linear Correlation Coefficient R
-Managers

question 47

Multiple Choice

Find the value of the linear correlation coefficient r
-Managers rate employees according to job performance and attitude. The results for several randomly selected employees are given below. $\begin{array}{cc|c|c|c|c|c|c|c|c|c}\text { Performance } & 59 & 63 & 65 & 69 & 58 & 77 & 76 & 69 & 70 & 64 \\\hline\text { Attitude } & 72 & 67 & 78 & 82 & 75 & 87 & 92 & 83 & 87 & 78\end{array}$

• A)0.610
• B)0.863
• C)0.729
• D)0.916

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Definitions:

Output

Output refers to the total quantity of goods and services produced by an economy or business in a specific period.

Marginal Product

The supplementary yield achieved by the utilization of one additional unit of a variable factor, with all other resources remaining fixed.

Fixed Cost

Costs that do not vary with the level of production or sales, such as rent or salaries, over a relevant period.

Variable Cost

Refers to expenses that vary directly with the level of production or output, such as raw materials and labor costs.