A Correlation Coefficient of 0.00 Means

question 80

Multiple Choice

A correlation coefficient of 0.00 means

• A)there is no relationship between the variables.
• B)as one variable increases, the other variable increases.
• C)as one variable decreases, the other variable decreases.
• D)as one variable increases, the other variable decreases.
• E)the variables are dependent.

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Definitions:

Purchasing Power Parity

An economic theory that compares different countries' currencies through a "basket of goods" approach, to assess the relative value of currencies and the cost of living.

Disposable Income

Disposable Income is the amount of money that households have available for spending and saving after income taxes have been accounted for.

Baby Boomers

The demographic cohort following the Silent Generation, born approximately between 1946 and 1964, known for being the result of the post-World War II baby boom.

Baby Boomers

The demographic group born during the post-World War II baby boom, approximately between the years 1946 and 1964.