If the Coefficient of Correlation Is -0

question 25

Short Answer

If the coefficient of correlation is -0.90,what percentage of the variation in y is explained by the regression line?

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Definitions:

Recession

A period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters.

Direct Competition

A situation in which products that perform the same function compete against one another. Also called category competition or brand competition.

Primary Competition

Direct competitors offering similar products or services within the same market or industry, targeting the same customer base.

WTO

The World Trade Organization, an international body that regulates global trade rules among nations.