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FIGURE 4-2
-Refer to Figure 4-2. Which movement of equilibrium illustrates a decrease in the quantity demanded, but NOT a decrease in demand?
Coefficient Of Correlation
A statistical measure that indicates the extent to which two variables fluctuate together. A value closer to 1 or -1 indicates a stronger relationship.
Decreases
To become smaller or less in size, amount, intensity, or degree.
Portfolio Returns
The gain or loss on an investment portfolio, measured over a specific period of time.
Uncorrelated
Describes a situation where two or more variables do not have a linear relationship, meaning the change in one variable does not predict the change in another.
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