A Positive Value for a Correlation Indicates ____

question 35

Multiple Choice

A positive value for a correlation indicates ____.

• A) increases in X tend to be accompanied by increases in Y
• B) increases in X tend to be accompanied by decreases in Y
• C) a much stronger relationship than if the correlation were negative
• D) a much weaker relationship than if the correlation were negative

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Definitions:

Acreage Allotments

Regulatory measures that limit the amount of land that can be used for farming certain crops to control supply and stabilize market prices.

Price Supports

Government interventions to maintain the market price of a commodity at a certain level to encourage production and protect farmers.

Farm-Family Income

The combined income of all members of a family who reside on a farm, from both farming and non-farming sources.

European Union

A political and economic union of 27 member states that are located primarily in Europe, aiming to ensure peace, stability, and economic cooperation among its members.