If There Is a Correlation of

question 100

Multiple Choice

If there is a correlation of .78 between socioeconomic status and IQ score,which of the following statements is TRUE?

• A) A third variable such as education level may account for the relationship between socioeconomic status and IQ score.
• B) Higher socioeconomic status will have a causal impact on IQ scores.
• C) There is a weak relationship between socioeconomic status and IQ score.
• D) Decreases in IQ scores will automatically result in lower socioeconomic status.

---

Definitions:

Annually

Occurring once every year.

IFRS

International Financial Reporting Standards, a set of accounting standards developed by the International Accounting Standards Board (IASB) that is global in scope.

GAAP Marketable Securities Guidance

Standards and guidelines provided by Generally Accepted Accounting Principles regarding the reporting and valuation of marketable securities.

Compare And Contrast

A method of evaluation that emphasizes similarities and differences between two or more subjects.