Assume That a

question 7

Essay

Assume that a .80 correlation exists between class attendance and class grades. Graph this correlation, putting class grades on the y-axis and class attendance on the x-axis. Also, compute the coefficient of determination for this relationship.

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Definitions:

Compounded Semi-Annually

The method of calculating interest where the accrued interest is added to the principal sum every six months.

Lump Payment

A single, large payment made at once, as opposed to smaller, periodic payments.

Compounded Semi-Annually

This is the process where interest is added to the principal sum of a loan or deposit twice a year, resulting in interest being earned on interest from that point on.

Replacement Stream

A series of cash flows intended to replace the benefits of an asset or investment over time.