If the Coefficient of Determination Is 0

question 32

Multiple Choice

If the coefficient of determination is 0.975, then the slope of the regression line:

• A) must be positive
• B) must be negative
• C) could be either positive or negative
• D) must be 0
• E) none of these

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Definitions:

Notice Of Dishonor

A formal notification that a negotiable instrument, like a check or promissory note, has been presented for payment and refused.

Warranty Liability

The legal obligation of a seller to provide compensation for defects or failures in goods or services that are covered under a warranty.

Indorsement

A signature or annotation on a financial document, such as a check, that specifies the terms of transferring the document’s rights to another party.

Subsequent Holder

An individual or entity that acquires a negotiable instrument, like a check or promissory note, after it has been issued or transferred.