The Coefficient of Correlation R Is a Number That Indicates

question 51

Multiple Choice

The coefficient of correlation r is a number that indicates the:

• A) direction of the relationship between the dependent variable y and the independent variable x.
• B) strength of the relationship between the dependent variable y and the independent variable x.
• C) proportion of the variation in the dependent variable y that is explained by the independent variable x.
• D) Only A and B are correct.
• E) A,B,and C are all correct.

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Definitions:

Revenue

The total financial proceeds accumulated from a company's chief business endeavors, including sales of services and goods integral to its operations.

Equity

The ownership interest of shareholders in a corporation, represented by the assets minus the liabilities.

Accounts Receivable

The amount due to a company from its clients for goods or services that have been dispatched or consumed, but payment has not been received.