Which of the Following Correlation Coefficients Indicates the Weakest Relationship

question 55

Multiple Choice

Which of the following correlation coefficients indicates the weakest relationship?

• A) +.29
• B) -.65
• C) -1.03
• D) +.75

---

Definitions:

Direct Labor-hours

The total hours of labor directly involved in the production of goods or services.

Variable Manufacturing Overhead

comprises manufacturing costs that vary directly with the level of production, such as materials and labor.

Direct Labor-hours

The all-encompassing total of work hours by staff directly partaking in manufacturing roles.

Variable Overhead Efficiency Variance

The difference between the actual variable overhead incurred and the standard cost based on the actual level of activity output.