A Basic Statistical Principle of Scientific Research Is That Correlation

question 120

Multiple Choice

A basic statistical principle of scientific research is that correlation __________.

• A)indicates causation
• B)does not imply causation
• C)implies causation if it is significantly positive
• D)implies causation if it is significantly negative

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Definitions:

Flash Reporting

A quick, preliminary reporting method used to provide an immediate view of a company's financial performance before detailed financial statements are available.

Virtual Close

A process in accounting where a company's books can be closed quickly and efficiently, allowing for almost immediate financial reporting.

Performance Measures

Metrics and indicators used to evaluate and assess the effectiveness, efficiency, and success of an organization's activities and employees.

Planning And Control System

A framework used by organizations to align their strategic objectives with practical actions, monitor performance, and manage resources.