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Solve the problem using your calculator.
-The paired data below consist of the costs of advertising (in thousands of dollars)and the number of products sold (in thousands). What is the correlation coefficient?
A) -0.071
B) 0.246
C) 0.235
D) 0.708
Outstanding Balance
The amount of money owed that remains in a borrower's account, excluding interest and fees, that has not yet been paid.
Invoice
A document issued by a seller to a buyer, indicating items sold, prices, date of shipment, delivery and payment terms.
Payment
The act of giving money in exchange for goods or services.
EOM
End of Month, a term often used in the context of finance and accounting to denote processes or evaluations performed at the close of the month.
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