What Is the Range of Values for a Coefficient of Correlation

question 62

Multiple Choice

What is the range of values for a coefficient of correlation?

• A)0 to +1.0
• B)−3 to +3 inclusive
• C)−1.0 to +1.0 inclusive
• D)Unlimited range

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Definitions:

Cash

Represents money or any instrument that banks accept for deposit and immediate credit to a company’s account, such as checks or money orders.

Expenses

Costs incurred by a business in the process of earning revenue, such as rent, salaries, and utilities.

Assets

Assets held by a business anticipated to deliver future economic advantages.

Expenses

Costs incurred in the process of earning revenue, including operational, administrative, and selling activities.