If You Compute a Statistically Significant Negative R Between Two

question 129

Multiple Choice

If you compute a statistically significant negative r between two variables (X and Y) ,this tells you that _____.

• A)higher scores on X are associated with higher scores on Y
• B)X and Y are unrelated to each other in the population
• C)higher scores on X are associated with lower scores on Y
• D)you have made a computational error

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Definitions:

Cost Pool

A collection of indirect costs grouped together based on similar cost drivers for the purpose of allocation to products, services, or departments.

Activity-Based Costing

A costing methodology that assigns costs to products and services based on the activities and resources that go into producing them.

Overhead Cost Per Unit

The indirect manufacturing costs allocated to each unit of product produced.

Departmental Overhead Rate

A rate used to allocate overhead costs to specific departments, calculated based on the relationship between indirect costs and activity level.