A Correlation of

question 88

Multiple Choice

A correlation of .82 was found between the number of hours studied and final exam scores. This means that

• A) students who studied less received higher exam scores.
• B) students who studied less received lower exam scores.
• C) studying caused students to receive higher exam scores.
• D) the amount of studying was unrelated to exam scores.

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Definitions:

Present Value

The current worth of a future sum of money, given a specific rate of return or discount rate.

Future Value

The value of an investment or cash at a specified future date, considering the interest rate or rate of return.

Term

A specific period or duration of time during which the conditions of a contract or agreement apply.

Annuity

A financial product that pays out a fixed stream of payments to an individual, primarily used as an income stream for retirees.