In Most Correlation Matrices, the Diagonal Line Has a Value

question 36

Multiple Choice

In most correlation matrices, the diagonal line has a value of________.

• A) 0.
• B) 1.
• C) 5.
• D) it cannot be predicted.

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Definitions:

Partnership

A formally established business entity where two or more counterparts participate in managing the firm and splitting the profits.

Proprietorship

A form of business organization where a single individual owns and operates the business.

Liabilities

Financial obligations or debts owed by a business to another entity, payable in money, goods, or services.

Notes Payable

Refers to promissory notes a company issues, promising to pay a specific amount of money at a future date.