Which of the Following Correlations Indicates No Statistical Relationship Between

question 59

Multiple Choice

Which of the following correlations indicates no statistical relationship between two variables?

• A) 1
• B) -1
• C) 0
• D) 0.10
• E) -0.10

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Definitions:

Marginal Revenue Product

The additional revenue generated by employing one more unit of a factor, such as labor or capital.

Firm's Demand

The total quantity of goods or services that a company anticipates selling at a certain price level within a specific time frame.

Land

The surface of the earth not covered by water, recognized as a factor of production in economics, including natural resources and space for activities.

Source of Profit

The origin from which a business or economic activity generates earnings, often through the production of goods, provision of services, or investment activities.