If One Calculates a Correlation of -1

question 1

Multiple Choice

If one calculates a correlation of -1.20,this coefficient indicates that a

• A) perfect negative relationship exists.
• B) moderately strong relationship exists.
• C) weak correlation exists.
• D) miscalculation has occurred.

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Definitions:

Bait-And-Switch

A deceptive marketing tactic where a product or service is advertised at a low price to attract customers, who are then persuaded to purchase a more expensive item.

Advertise

To publicly announce or promote products, services, or events through various media channels to attract public interest or awareness.

Expensive Item

A product or article that is priced high in comparison to other similar items.

Federal Trade Commission

A U.S. federal agency established to prevent anticompetitive, deceptive, and unfair business practices through enforcement of antitrust and consumer protection laws.