Given the Correlation Matrix below, to answer the following questions :
Assume that respondents answered the questions with ratio scale responses.
-Which of the relationships in the matrix is the strongest?
Definitions:
Lottery
A form of gambling or a game of chance where participants buy tickets for a chance to win prizes, often financial in nature.
Return
The gain or loss on an investment over a specific period, represented as a percentage of the investment’s cost.
Ordinary Annuity
An annuity where the payment or receipt occurs at the end of each period, such as bonds or leases that make consistent payments.
Interest Rate
The price paid for borrowing money, typically expressed as a percentage rate over a period of time.
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