A Correlation of +1

question 195

Multiple Choice

A correlation of +1.00 or -1.00 means that _____ percent of the variation in the Y measure is accounted for by knowing the X measure.

• A)10
• B)20
• C)50
• D)100

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Definitions:

Stock Contingency

Relates to conditions or events that must occur before the issuance of stock can happen or conditions affecting a stock’s status.

Contingent Performance Obligation

An obligation in a contract that becomes enforceable only under certain conditions or upon the occurrence of specific events.

Additional Paid-In Capital

The amount of capital paid by investors for shares that exceeds the par value of the shares; also referred to as share premium.

Fair Value

An estimate of the market value of an asset or liability, reflecting current conditions and market perceptions.