Which of the Following Statements Regarding the Coefficient of Correlation

question 44

Multiple Choice

Which of the following statements regarding the coefficient of correlation is true?

• A)It ranges from 0.0 to + 1.0 inclusive.
• B)It describes the relationship between two variables.
• C)A value of 0.00 indicates two variables are related.
• D)It is calculated as the square of the slope.

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Definitions:

Endorsement

The act of signing one's name on the back of a check or other negotiable instrument, which allows it to be transferred or cashed.

Payees

Individuals or entities to whom money is payable, often seen in the context of checks or promissory notes.

Negotiation

The process of discussing and arriving at a mutual agreement between parties, often involving compromise or conciliation.

Depositary Bank

A financial institution that holds and manages securities for its clients, facilitating the trading of these securities.