I a Coefficient of Correlation R Close to 0 (Say

question 115

Multiple Choice

i. A coefficient of correlation r close to 0 (say, 0.08) shows that the relationship between two
Variables is quite weak.
ii. If the coefficient of correlation is 0.68, the coefficient of determination is 0.4624.
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:

Vouchers Payable

A liability account that records the obligation of the company to pay off a debt, typically for goods or services received.

Vouchers Payable

Vouchers payable is an accounting term for records that detail the amounts owed by a business to its suppliers or vendors for goods or services received.

Liability Account

An accounting record of amounts owed to creditors, representing claims against the company’s assets.

Voucher System

A control process in accounting where vouchers are used to authorize and record transactions before payments are made.