Exhibit 13-2: Choose the Correlation Coefficient That Matches the Following

question 71

Multiple Choice

Exhibit 13-2: Choose the correlation coefficient that matches the following types of scales.
-Refer to Exhibit 13-2.Both variables are on an ordinal scale.

• A) Pearson's r
• B) Spearman rho
• C) phi coefficient

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Definitions:

Monthly Billing

A payment model where charges for services or products are invoiced to customers on a monthly basis.

Third Party

Someone other than the two principals in a transaction; when referring to checks, a type of check made out to the patient by another unknown person.

Credit Balance

The amount of money that a party has available for spending, which is credited to their account.

Cycle Billing

A billing practice where customers' bills are produced at different times during the month based on a predetermined schedule or cycle.