Assuming a Linear Relationship Between X and Y,if the Coefficient

question 175

Multiple Choice

Assuming a linear relationship between X and Y,if the coefficient of correlation (r) equals -0.30,

• A)there is no correlation.
• B)the variance of X is negative.
• C)variable X is larger than variable Y.
• D)the slope (b₁)is negative.

---

Definitions:

Relational Orientation

An approach in business and marketing that emphasizes building long-term relationships with customers, focusing on customer satisfaction, loyalty, and engagement.

Lifetime Profitability

The total profit expected from a customer over the entire period of their relationship with a company.

Sales-oriented

A business approach that focuses primarily on making sales or transactions, often prioritizing volume over customer relationship or product quality.

Inventory Level

The quantity of goods or materials held in stock by a business at any given time.