Measures of Association Are a Type of Descriptive Statistics That

question 30

Multiple Choice

Measures of association are a type of descriptive statistics that allow us to

• A)investigate the causal influence of some variables on others.
• B)predict the score on one variable from the score on another.
• C)know the strength and direction of a relationship between two or more variables.
• D)all of these

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Definitions:

Book Value

Book value is the value of an asset according to its balance sheet account balance, taking into account the cost of the asset minus depreciation.

Net Income

The net income of a business once all costs and taxes are deducted from the total earnings.

Operating Cash Flow

The cash generated from a company's normal business operations, indicating whether a company can generate sufficient positive cash flow to maintain and grow its operations.

Earnings Before Interest And Taxes

A financial metric indicating a company's profitability before expenses from interest and taxes are deducted.