The Pearson Product-Moment Correlation Coefficient,r,requires That Variables Be Measured with ________

question 8

Multiple Choice

The Pearson product-moment correlation coefficient,r,requires that variables be measured with ________.

• A)an interval or ratio scale
• B)an ordinal or ratio scale
• C)a nominal or ordinal scale
• D)a nominal or ratio scale

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Definitions:

Direct Investment

The purchase or acquisition of a controlling interest in foreign businesses, assets, or properties.

Global Sourcing

The practice of seeking resources, goods, or services from the global market, typically to leverage cost advantages, expertise, or efficiencies.

Diversification

A risk management strategy that mixes a wide variety of investments within a portfolio.

Global Economy

refers to the interconnected worldwide economic activities and exchanges that transcend national borders.