The Size of the Correlation Coefficient,a Common Measure of Relationship

question 11

True/False

The size of the correlation coefficient,a common measure of relationship between variables in itemized rating scales,is influenced by the number of scale categories.The correlation coefficient increases with a reduction in the number of categories.

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Definitions:

Illegal Interference

Unauthorized or unlawful meddling or involvement in the affairs or property of others, often resulting in harm or damage.

Diminishing Returns

A rephrased definition: The principle stating that successive increases in inputs for production result in gradually decreasing increments in output.

Short Run

A period in which at least one of a firm's inputs is fixed and cannot be changed, while others may be varied to adjust production levels.

Long Run

A period of time in economics during which all factors of production and costs are variable.