I Perfect Correlation Means That the Scatter Diagram Will Appear

question 15

Multiple Choice

i. Perfect correlation means that the scatter diagram will appear as a straight line
ii. If the coefficient of correlation is 0.80, the coefficient of determination is 0.64.
iii. The coefficient of determination can assume values between 0% and 100%

• 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:

Bank Statement

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NSF Returned Check

A check that has been returned by the bank because it could not be processed due to insufficient funds in the account.

Check Register

A record, often part of a checkbook, where all check transactions, withdrawals, and deposits are recorded by an account holder.

Interest

A fee, usually charged for the use of money.