The Coefficient of Correlation

question 14

Multiple Choice

The coefficient of correlation

• A) takes on values anywhere from 0 to +1.
• B) takes on values anywhere from −1 to 0.
• C) takes on values anywhere from −1 to +1.
• D) takes on values of 0 or larger.

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Definitions:

Percentage of Trend

A statistical measure that represents the direction and movement of data points over a specified period, often used to identify patterns in time series data.

Moving Average

A statistical method used to smooth out short-term fluctuations and highlight longer-term trends or cycles in data.

Seasonal Indexes

Numerical values used to adjust for seasonal effects in time series data, allowing for the comparison of data across different seasons.

Daily Indexes

Indicators or measures that are calculated and published every day to track the performance of specific markets or sectors.