If All the Points in a Scatter Diagram Lie on the Least

question 220

True/False

If all the points in a scatter diagram lie on the least squares regression line,then the coefficient of correlation must be 1.0.

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Definitions:

Close Corporation

A type of business corporation that is privately held, with a limited number of shareholders and restrictions on share transfers.

Shares

Units of ownership interest in a corporation or financial asset, providing a proportionate claim on the company's assets and profits.

Few Persons

A term not widely used in a specific financial or legal context; generally, it refers broadly to a small number of individuals.

Commingles

The act of mixing or combining funds or properties in a way that makes them indistinguishable from one another.