Of the Following Correlation Coefficients,which One Would Yield the Least

question 8

Multiple Choice

Of the following correlation coefficients,which one would yield the least accurate predictions of one variable based on the other variable

• A) +0.99 
• B) +0.17 
• C) 0.00 
• D) -0.49

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Definitions:

Tariff or Quota

A government-imposed restriction on the quantity of goods that can be imported (quota) or a tax levied on imported goods (tariff).

Domestic Consumers

People or family units in a nation who buy products and services for their own consumption.

Domestic Producers

Companies or individuals within a country that produce goods or services for the local market.

Tariff on Imports

A tax imposed by a government on goods and services imported from other countries, aiming to protect domestic industries.