A Correlation Coefficient of ________ Provides the Greatest Risk Reduction

question 19

Multiple Choice

A correlation coefficient of ________ provides the greatest risk reduction.

• A) 0
• B) −1
• C) +1
• D) +0.5

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Definitions:

Control Costs

Strategies and practices aimed at minimizing expenses and managing budget in business operations.

ICTs

Information and Communication Technologies, encompassing any digital technology that assists in creating, processing, storing, and exchanging information.

Surveillance

The close observation, especially of a suspected spy or criminal.

Negative Consequences

Undesired or harmful outcomes that result from an action or decision, affecting individuals or groups in various contexts.