Negative Correlation Between X and Y Implies That

question 27

Multiple Choice

Negative correlation between x and y implies that

• A) when x is high, y is high.
• B) when x is high, y is low.
• C) xy < 0.
• D) x/y < 0.
• E) the trend is unpredictable.

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Definitions:

Machine Hours

A measure of production output based on the amount of time machinery is operated.

Number Of Employees

The total count of individuals employed by a company or organization, either full-time or part-time.

Step-down Method

A method used in cost accounting to allocate service department costs to producing departments, considering inter-departmental services.

Step-down Method

An accounting method used for allocating indirect costs to different departments based on a hierarchy where the first allocation base is the costliest department.