If a Simple Pearson Correlation Value =

question 47

Multiple Choice

If a simple Pearson correlation value = .75, what percentage of variance is unaccounted for?

• A)25%
• B)44%
• C)56%
• D)75%

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Definitions:

Reduced Costs

Efforts or strategies implemented to decrease expenses and improve financial efficiency within an organization or project.

Improved Productivity

An increase in the efficiency of producing goods or services, often measured by the output per unit of input.

Current Distribution Plans

Strategies and methods used by businesses to allocate resources, goods, or services to customers or other areas of the business in the present moment.

Escrow Account

A financial arrangement where a third party holds and regulates payment of the funds required for two parties involved in a given transaction.