A Correlation Coefficient Is an Index Number Constrained to Fall

question 50

Multiple Choice

A correlation coefficient is an index number constrained to fall between the range of:

• A)0 and 1.00.
• B)0 and 100.
• C)-1.00 and +1.00.
• D)-1.00 and 0.
• E)-100 and 0.

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Definitions:

Community Property

A form of joint property ownership typically between spouses, where assets acquired during the marriage are owned equally by both parties.

Joint Tenancy

is a form of property ownership by two or more persons where each owns an undivided interest, and upon death, the survivor(s) automatically assumes ownership of the deceased's share.

Inheritable Tenancy

A type of tenancy that allows the tenant's rights in the property to be passed on to their heirs.

Community Property

A legal concept in certain jurisdictions that property acquired during marriage is owned jointly by both spouses.