As the Magnitude of a Correlation Coefficient Increases,the

question 10

Multiple Choice

As the magnitude of a correlation coefficient increases,the

• A) data points in a scatter diagram become more dispersed.
• B) data points in a scatter diagram become less dispersed.
• C) correlation coefficient changes from a positive to a negative number.
• D) correlation coefficient changes from a negative to a positive number.

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Definitions:

Predicted Amount

An estimated figure or value expected to be achieved in the future based on current data and trends.

Sales

The activities involved in selling products or services, ultimately resulting in revenue for the business.

Ideal Standards

Benchmarks for costs and efficiency that represent optimal levels of performance under perfect operating conditions.

Material Loss

The reduction in value or quantity of materials resulting from waste, theft, or inefficiency during the production process.