Regarding Correlations,which of the Following Statements Is FALSE

question 45

Multiple Choice

Regarding correlations,which of the following statements is FALSE?

• A) It is impossible for two correlated variables to have a cause-and-effect relationship.
• B) We cannot conclude, solely on the basis of correlation, that a causal link exists.
• C) An experiment must be performed to establish a causal relationship.
• D) Often, two correlated measures are related as a result of the influence of a third variable.

Examine patterns and factors influencing marital satisfaction.

Recognize gender differences in behavior and socialization from birth.

Outline characteristics of happy marriages.

Explain the role of social learning in gender development.

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Definitions:

Profit

The financial gain realized when the amount of revenue gained exceeds the expenses, costs, and taxes needed to sustain the operation.

Factory Overhead

Factory overhead encompasses all indirect costs associated with manufacturing, such as utilities, maintenance, and management salaries, not directly tied to the production of goods.

Machine Hours

A measure of the total time that a machine or set of machines has been operating, often used to allocate factory overhead costs.

Underapplied

In costing, this term refers to a situation where the overhead allocated to products or services is less than the actual overhead incurred.