Which of the Following Values Indicates the Strongest Relationship Between

question 134

Multiple Choice

Which of the following values indicates the strongest relationship between two variables as measured by a correlation coefficient?

• A) ​-0.81
• B) ​+0.66
• C) ​+1.22
• D) ​-3.21

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Definitions:

Probability

A rating of the potential occurrence of an event, depicted on a scale from 0 to 1.

Expected Income

The income an individual or business anticipates to receive over a certain period.

Utility Maximizer

An individual or agent who seeks to obtain the maximum possible satisfaction or utility from their consumption of goods and services.

Probability

The likelihood of a specific event or outcome occurring.