When the Correlation Between Two Variables Is

question 64

Multiple Choice

When the correlation between two variables is +.92,this means that as one variable ____,the other variable ____.

• A)decreases;increases
• B)increases;decreases
• C)increases;increases
• D)decreases;stays the same

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Definitions:

Percent Decrease

A measure of how much a quantity has decreased in percentage terms compared to its previous value.

Percent Increase

The process of determining the ratio of the increase in a quantity to the original amount, expressed as a percentage.

Stock Value

The price of a single share of a company's stock, representing ownership in the company and its potential profitability.

Interest Rate

The proportion of a loan that is charged as interest to the borrower, typically expressed as an annual percentage of the loan remaining.