If the Correlation Between X and Y Is Equal to −1.0

question 73

Multiple Choice

If the correlation between X and Y is equal to −1.0, what do we know about the prediction of Y by X?

• A)It's weak.
• B)It's positive.
• C)It's perfect.
• D)It's direct.

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Definitions:

Computerized Accounting System

A software system that is used for processing accounting transactions and managing accounts with minimal manual input.

Title

The legal right to own or possess something, such as property or a title to a vehicle, representing ownership and legal possession.

Normal Balances

The side (debit or credit) of an account that is expected to increase, consistent with the principles of double-entry bookkeeping.

Assets

Economic resources owned or controlled by a business or individual, capable of producing value.