Which Correlation Coefficient Most Closely Represents the Relationship Depicted in the Scatterplot

question 98

Multiple Choice

Which correlation coefficient most closely represents the relationship depicted in the scatterplot below?

• A).75
• B).35
• C).02
• D)-.44

Learn the mechanisms and benefits of eco-efficient practices.

Comprehend the importance of stakeholder engagement in evaluating CSR programs.

Recognize the importance of ethical standards and moral responsibilities in business practices.

Identify the practices of corporate philanthropy and community involvement.

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Definitions:

Receivable Turnover

A financial metric that measures how many times a company can turn its accounts receivable into cash during a period.

Inventory Turnover

A financial metric that measures how many times a company has sold and replaced its inventory over a certain period of time.

Current Ratio

A liquidity ratio that measures a company's ability to pay short-term obligations with its current assets, calculated as current assets divided by current liabilities.

Acid-test Ratio

A strict measure used to assess if a company possesses sufficient current assets to pay off its short-term obligations without the need to liquidate its stock.