The Direction (Positive or Negative)of a Correlation Is Indicated by

question 33

Multiple Choice

The direction (positive or negative) of a correlation is indicated by

• A)the absolute value of the correlation.
• B)numbers between 0.0 and 1.00.
• C)the sign of the coefficient.
• D)our ability to make predictions for the variables.

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Definitions:

Organizations

Groups of people who come together to achieve common goals, following a structured system and processes to ensure coordinated efforts.

Service Triads

A supply chain model where three parties are involved in the service delivery process, creating a triangular relationship.

Contracts

Legally binding agreements between two or more parties that specify the terms and conditions of their relationship and transactions.

Service Delivery

The manner in which a company provides a service to customers, including the process of ensuring customer satisfaction.