The Following Are Coefficients of Correlation (R)

question 41

Multiple Choice

The following are coefficients of correlation (r) . The one that indicates a strong positive linear relationship between the two variables of interest is:

• A) 0.8
• B) -0.9
• C) 0.9
• D) -1.3
• E) -1

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Definitions:

Statement of Comprehensive Income

A financial statement that includes all changes in equity not resulting from interactions with shareholders, in addition to traditional net income.

Statement of Financial Position

A financial statement that shows the assets, liabilities, and equity of a company at a specific point in time, also known as a balance sheet.

Account Receivable

is money owed to a company by its customers for products or services that have been delivered but not yet paid for.

Current Ratio

A financial metric indicating how well a company can settle debts due within one year, determined by dividing current assets by current liabilities.