Which of the Following Is the LEAST Likely Use of a Correlation

question 6

Multiple Choice

Which of the following is the LEAST likely use of a correlation coefficient?

• A) Describing relationships
• B) Prediction
• C) Assessment of validity and reliability
• D) Demonstrating cause and effect

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Definitions:

Sole Proprietorship

A business owned and operated by a single individual, with no legal distinction between the owner and the business.

Dealer Markets

Financial markets where dealers buy and sell securities for their own accounts, acting as principals in the transactions.

Over-The-Counter Markets

A decentralized market where securities not listed on formal exchanges are traded directly between parties.

NASDAQ

is a global electronic marketplace for buying and selling securities, as well as the benchmark index for U.S. technology stocks.