Alan Bissell,market Analyst for City Sound Mart,is Analyzing the Relation

question 3

Multiple Choice

Alan Bissell,market analyst for City Sound Mart,is analyzing the relation between heavy metal CD sales and the size of the teenage population.He gathers data from six sales districts.Alan's dependent variable is annual heavy metal CD sales (in $1,000,000's) ,and his independent variable is teenage population (in 1,000's) .Regression analysis of the data yielded the following tables. The numerical value of the correlation coefficient between the CD sales and the size of teenage population is ___.

• A)0.969785
• B)0.940483
• C)0.224675
• D)-0.14156
• E)1.000000

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Definitions:

Bankruptcy

Legal nonpayment of financial obligations.

Operations Period

The timeframe during which specific operational activities or processes are carried out.

Financial Risk

The possibility of losing money on an investment or business operation, including risks related to market movements, credit, liquidity, and operational failures.

Actual Return

The real gain or loss experienced on an investment over a specified time period.