The Closer the Correlation Coefficient Is to +1

question 12

Multiple Choice

The closer the correlation coefficient is to +1.00 or -1.00, the _____ the relationship.

• A)weaker
• B)stronger
• C)more variable
• D)harder it becomes to predict

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Definitions:

Security Deposit

The money given to the landlord from the tenant as protection in the event that the tenant causes damage to the rented property; refunded when the tenant moves out if there is no damage, and can range from 1 to 4 month’s rent.

Landlord

The owner of property (such as land, houses, or apartments) that is leased or rented to others.

Protection

Measures or strategies implemented to safeguard against financial loss, damage, or other adverse effects.

Front-end Ratio

A financial ratio that compares a person’s gross monthly income to his or her monthly housing costs.