I the Purpose of Correlation Analysis Is to fiNd How

question 105

Multiple Choice

i. The purpose of correlation analysis is to find how strong the relationship is between two variables.
ii. A correlation coefficient of -1 or +1 indicates perfect correlation.
iii. The standard error of estimate measures the accuracy of our prediction.

• A) (i), (ii), and (iii) are all correct statements.
• B) (i) and (ii) are correct statements but not (iii).
• C) (i) and (iii) are correct statements but not (ii).
• D) (ii) and (iii) are correct statements but not (i).
• E) (i), (ii), and (iii) are all false statements.

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Definitions:

Confirmation Bias

The inclination to look for, interpret, prioritize, and remember information in a manner that validates one's existing beliefs or assumptions.

Availability Heuristic

A fast-track cognitive process that uses the earliest examples coming to mind for a person when evaluating a unique topic, concept, practice, or choice.

Gambler's Fallacy

The inaccurate belief that when something is happening more frequently than is typical during a particular time, it will subsequently happen less frequently, or the other way around.

Maladaptiveness

A trait or behavior that is counterproductive to an individual's well-being or ability to meet demands of the environment.