Which of the Following Correlation Coefficients Represents the WEAKEST Association

question 32

Multiple Choice

Which of the following correlation coefficients represents the WEAKEST association between two variables?

• A) +.74
• B) -.43
• C) +.09
• D) -.85

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Definitions:

Holt-Winters Additive Model

A mathematical approach for time series forecasting that accounts for trends and seasonality, using addition for seasonal effects.

Seasonality

The occurrence of variations that are predictable and repeat over a specific period within a year, often seen in industries like retail and agriculture.

Forecast

Predictions about future events or trends based on historical data analysis or current observations.

Seasonal Multiplicative Model

A time series forecasting method that accounts for multiplicative seasonal variations in the data.