Which of the Following Is the Most Accurate Statement

question 36

Multiple Choice

Which of the following is the most accurate statement?

• A) Correlation shows causation.
• B) R squared or regression shows causation.
• C) Correlation and R squared or regression show causation.
• D) Neither correlation nor R squared nor regression show causation.

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Definitions:

Implementation

The process of putting a decision or plan into effect; execution of a plan or policy.

Advantages

The beneficial factors or positive attributes that contribute to the success or competitiveness of something.

Accounting Standards Board

An organization responsible for establishing and improving financial accounting and reporting standards to ensure clarity, consistency, and comparability of financial statements.

International Accounting Standards Board

An independent, private-sector body that develops and approves International Financial Reporting Standards (IFRSs).