I the Purpose of Correlation Analysis Is to fiNd How

question 131

Multiple Choice

i. The purpose of correlation analysis is to find how strong the relationship is between two variables.
ii. A coefficient of correlation r close to 0 (say, 0.08) shows that the relationship between two
Variables is quite weak.
iii. The strength of the correlation between two variables depends on the sign of the coefficient of
Correlation.

• 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.

Comprehend the concept of consideration and its requirements for a valid contract.

Recognize the features of an illusory promise and its implications on contract enforcement.

Identify the conditions under which a promise to pay a previous debt is enforceable.

Understand the impact of options to cancel on the enforceability of promises.

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Definitions:

Best-Qualified People

Individuals possessing superior qualifications, skills, and competencies that are most desirable for a specific job.

Legal Context

The framework of laws, regulations, and legal principles that govern particular situations or actions.

Discrimination

The unjust or prejudicial treatment of different categories of people or things, especially on the grounds of race, age, or sex.

Human Resource Management

The strategic approach to managing a company's workforce, focusing on attracting, hiring, training, and retaining employees.