Which Statistic Measures the Strength of an Association Between Two

question 106

Multiple Choice

Which statistic measures the strength of an association between two variables?

• A)the mean
• B)the median
• C)the correlation coefficient
• D)a rate
• E)all of these choices

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Definitions:

Security

A financial instrument that represents an ownership position in a publicly-traded corporation (stock), a creditor relationship with governmental body or a corporation (bond), or rights to ownership as represented by an option.

Appraisal Remedy

A shareholder's right to demand court-ordered review of the fairness of a corporate action or acquisition price in specific circumstances.

Dissenting Shareholder

A shareholder who disagrees with a corporate action, such as a merger or acquisition, and is typically afforded certain rights, including the right to be bought out by the corporation.

Management Buyouts

A transaction where a company's management team purchases the assets and operations of the business they manage, becoming the new owners.