If the Correlation Between Variables a and B Is Negative,what

question 120

Multiple Choice

If the correlation between variables A and B is negative,what can we conclude?​

• A)Increases in A are associated with decreases in B.
• B)​Measurements of A are lower than the measurements of B.
• C)​The values of A are unrelated to the values of B.
• D)​The strength of the relationship between A and B has been growing weaker over time.

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Definitions:

Actual Hours

The real number of hours worked, as opposed to planned or scheduled hours.

Standard Cost System

An accounting method that uses cost estimates for materials, labor, and overhead to control business costs.

Variable Overhead Spending Variance

The difference between the actual variable overhead incurred and the expected (or standard) variable overhead based on the actual level of production activity.

Standard Variable Overhead Rate

The predetermined rate used to allocate variable manufacturing overhead to individual units of production.