Suppose That There Is a Perfect Negative Correlation Between the Amount

question 149

Multiple Choice

Suppose that there is a perfect negative correlation between the amount of money that Jane spends and the amount of money that she has in her bank account: for every dollar that she spends, she has exactly one less dollar in her bank account (assuming no interest, fees, or credits) . Thus the correlation between Jane's spending and savings can be represented as ____.

• A) \(r\) = -100
• B) \(r\) = -1.00
• C) \(r\) = 0.00
• D) \(r\) = 100

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