If You Square the Correlation Coefficient,you Will Get a Number

question 182

Multiple Choice

If you square the correlation coefficient,you will get a number telling the

• A)percent of variance accounted for by the correlation.
• B)standard deviations accounted for by the correlation.
• C)statistical significance of the measure.
• D)amount of causation between the two variables.

Identify and record transactions affecting retained earnings, including appropriations and dividends.

Understand how prior period adjustments affect retained earnings and the overall financial statements.

Recognize the process of closing net income into retained earnings for corporations.

Interpret the impact of appropriated retained earnings on financial statements and shareholders' equity.