Which of the Following Is Most Likely a Positive Correlation

question 42

Multiple Choice

Which of the following is most likely a positive correlation?

• A) The relation between self-esteem and illegal drug use
• B) The relation between years spent playing basketball and the number of DVDs owned
• C) The relation between amount of sugar consumed and number of cavities
• D) The relation between number of hours spent studying and number of failing grades

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Definitions:

Variable Costing

An accounting method that includes only variable production costs (materials, labor, and overhead) in product costs, with fixed overhead expenses treated as period costs.

Carpenter Wages

Carpenter wages are the compensation paid to skilled tradespeople specializing in building, constructing, and repairing structures primarily made of wood.

Absorption Costing

This total costing technique allocates all production costs to products, comprising direct labor, materials, and fixed and variable overheads, to accurately reflect production expenses.

Finished Goods Inventory

The stock of completed products not yet sold, valued at either the cost of production or the market price, and recorded as an asset on the balance sheet.