If Two Variables Were Perfectly Correlated, the Correlation Coefficient R

question 83

Multiple Choice

If two variables were perfectly correlated, the correlation coefficient r would equal

• A) 0
• B) -1
• C) 1
• D) B or C
• E) none of the above

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Definitions:

Probability

The calculation of the chance that an event will happen, depicted as a value between 0 and 1.

Past Due Accounts

Accounts that have not been paid by the deadline.

New Customer

A person who has never previously purchased or used a product or service from a business.

Complement

In probability, it refers to the event not occurring, or the subset of outcomes that are not part of the event of interest.