Which of the Following Are Measures of the Linear Relationship

question 39

Multiple Choice

Which of the following are measures of the linear relationship between two variables?

• A)The covariance.
• B)The coefficient of correlation.
• C)The coefficient of determination.
• D)All of these choices are correct.

---

Definitions:

Specific Tariff

A specific tariff is a fixed fee imposed by a government on each unit of imported or exported goods, rather than a percentage of their value.

Loss

A situation where expenses exceed revenues, resulting in negative financial performance.

Ad Valorem Tariff

A tax placed on goods based on a percentage of the goods' value.

Import Quota

An import quota is a government-imposed limit on the quantity or monetary value of a particular good that can be imported into a country within a specified time frame.