The Highest Possible Value for Positive Correlation Is +1

question 12

True/False

The highest possible value for positive correlation is +1.

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Definitions:

80/20 Principle

A rule of thumb stating that 80% of outcomes (or outputs) come from 20% of all causes (or inputs) for any given event, also known as the Pareto Principle.

Sales Territory

A specified geographical region or group of customers assigned to a salesperson or team for the purpose of selling products or services.

ELMS System

An acronym for Electronic Learning Management System, a digital platform used to create, deliver, manage, and track educational courses and training programs.

Account Analysis

The examination and evaluation of a customer's account(s) to understand financial activity and offer tailored advice or products.