When a Correlation Is Perfect and Positive,which of the Following

question 18

Multiple Choice

When a correlation is perfect and positive,which of the following holds true?

• A)r=1.00
• B)r=.00
• C)r=-1.00
• D)both a and b

---

Definitions:

Lump Sum

An amount of money paid in a single payment, rather than in installments.

11% Return

A specific rate of return on an investment, denoting a gain of eleven percent on the original amount invested.

Annual Interest Rate

The percentage of interest that is charged or earned on an investment or loan over a one-year period.

Down Payment

An initial payment made when purchasing an item on credit, particularly real estate, often expressed as a percentage of the purchase price.