All of the Following Are True EXCEPT

question 67

Multiple Choice

All of the following are true EXCEPT:

• A) The product moment correlation is denoted by ρ.
• B) The coefficient r is an estimator of ρ.
• C) The calculation of r assumes X and Y are metric.
• D) Data that use rating scales with a small number of categories will tend to under estimate ρ.
• E) Data that use rating scales with a small number of categories will tend to over estimate ρ.

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Definitions:

Annual Depreciation

The allocation of an asset's cost over its useful life, representing how much of an asset's value has been used up during a fiscal year.

Simple Rate Of Return

A straightforward method of calculating the return on investment by dividing annual incremental net operating income by the initial investment cost.

Cash Operating Costs

Direct costs associated with the day-to-day operations of a business, paid out in cash, including labor, materials, and overhead.

Automating

Refers to the use of technology to perform tasks with minimal human intervention, typically to improve efficiency and reduce costs.