The Two Pieces of Information Obtained from a Correlation Coefficient

question 32

Multiple Choice

The two pieces of information obtained from a correlation coefficient are

• A) the extent of external validity and internal validity of a study.
• B) interobserver reliability and percent agreement between two observers.
• C) the direction and strength of the relationship between two variables.
• D) the predictive relationship and the causal inference between two variables.

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Definitions:

Administration Costs

Expenses associated with the general operation of a business, including office supplies, utilities, and executive salaries, but excluding production and marketing costs.

Outsourcing

The business practice of hiring a party outside a company to perform services or create goods that traditionally were performed in-house by the company's own employees.

Benefits Vendors

Companies or service providers that offer and manage benefits such as health insurance, retirement plans, and other perks for employees on behalf of employers.

Benefits Costs

The expenses incurred by an organization in providing non-wage compensations such as health insurance, pensions, and paid leave to its employees.