Assume You Are Using GRE Scores and Undergraduate Grades to Predict

question 31

Multiple Choice

Assume you are using GRE scores and undergraduate grades to predict graduate GPA.If the correlation of GRE scores and undergraduate grades were .18 rather than .56, then GRE scores would be ____ for predicting graduate GPA.

• A) more useful
• B) equally useful
• C) less useful

---

Definitions:

Demand Curve

A graph showing the relationship between the price of a good and the amount that consumers are willing and able to purchase at different prices.

Hand Calculators

Portable electronic devices used for performing calculations, ranging from basic arithmetic to complex mathematical operations.

Price Elastic

Refers to the responsiveness of the quantity supplied or demanded of a good or service to a change in its price, often interchangeable with Price Elasticity of Demand or Supply depending on context.

Quantity Demanded

The total amount of a good or service that consumers are willing and able to purchase at a given price level in a given market at a specific time period.