THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

question 133

Multiple Choice

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
You want to explore the relationship between the grades students receive on their first quiz (x) and their first exam (y) .The first quiz and test scores for a sample of eight students reveal the following summary statistics:
-The sample correlation coefficient is:

• A)0.691
• B)0.806
• C)0.749
• D)0.209

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Definitions:

Price Effect

The impact on consumer demand and consumption patterns caused by changes in the price of goods or services.

Collude

To cooperate secretly, especially with the intention to deceive or achieve an illegal or deceitful purpose.

Total Revenue

The total amount of money received by a company for goods sold or services provided during a certain time period.

Joint Profits

Are the combined earnings of two or more entities, often used to evaluate the financial outcome of a partnership or merger.