I If the Coefficient of Correlation Is 0

question 39

Multiple Choice

i. If the coefficient of correlation is 0.70, what is the coefficient of determination?
ii. If the value of r is -0.88, what does this indicate about the dependent variable as the independent
Variable increases?
iii. If the dependent variable is measured in hours, in what units is the standard error of estimate
Measured?

• A) 0.49; it decreases; hours.
• B) 0.49; it decreases; hours squared.
• C) 0.49; it increases; hours.
• D) 0.8367; it decreases; hours.
• E) 0.8367; it increases; hours squared.

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Definitions:

IFRS

International Financial Reporting Standards, a set of accounting standards developed by the International Accounting Standards Board (IASB) that are becoming the global standard for the preparation of public company financial statements.

Statement of Financial Position

A financial statement detailing an organization's assets, liabilities, and equity at a specific point in time, known as the balance sheet.

Shareholders' Equity

The residual interest in the assets of a corporation after deducting its liabilities, representing the ownership interest of shareholders.

SFAS No.123

A Statement of Financial Accounting Standards providing guidance on stock-based compensation, requiring companies to expense the cost of employee services received in exchange for an award of equity instruments.