How Is the Value of the Correlation Coefficient R Affected

question 35

Essay

How is the value of the correlation coefficient r affected in each of the following cases?
a.Each x value and y is multiplied by 4.
b.Each x value is switched with the corresponding y value.
c.Each x value is increased by 2.

---

Definitions:

CCA Rate

The percentage rate used in Canada to calculate capital cost allowance, which is a deductible expense for tax purposes on the depreciation of assets.

Break-Even Lease Payment

The lease payment amount at which the cost of leasing equals the financial benefits, resulting in no net loss or gain.

Straight-Line Depreciation

A way to distribute the expense of a tangible property over its lifespan in equal amounts each year.

CCA Class

Specific categories under the Canadian Capital Cost Allowance that determines the depreciation rate for tax purposes on an asset.