Which Set of Correlations Correctly Shows the Highest to Lowest

question 53

Multiple Choice

Which set of correlations correctly shows the highest to lowest degree of relationship?

• A) −0.91, +0.83, +0.10, −0.03
• B) −0.91, +0.83, −0.03, −0.10
• C) +0.83, +0.10, −0.91, 0.03
• D) +0.83, +0.10, −0.03, −0.91

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Definitions:

Line-Of-Credit

A financial arrangement in which a bank or other lender provides a maximum loan amount that the borrower can draw from as needed, but does not exceed over a specified period.

Needed Cash

The amount of liquidity a company or individual requires to meet immediate obligations or for short-term goals.

Commercial Paper

Commercial Paper is an unsecured, short-term debt instrument issued by corporations, typically for the financing of operating expenses and meeting short-term liabilities.

Maturity

The date when a financial instrument (like a bond) expires and the principal is to be paid back to creditors.