A Study Finds a Correlation Coefficient of R =

question 36

Multiple Choice

A study finds a correlation coefficient of r = .32.This number gives you information about which of the following?

• A)Statistical significance and effect size
• B)Strength and direction of the relationship
• C)Statistical validity and external validity
• D)Type of relationship and importance

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Definitions:

Cashing In

The process of selling or converting a financial asset or investment for cash.

Combined Equivalent Value

The total value derived from combining several financial instruments or calculations to understand their overall effect.

Payment Stream

A sequence of payments made over a period of time as per the terms of a financial agreement.

Payable Today

The total amount that is due and needs to be paid immediately or on the current date.