When Two Variables Are Unrelated, Their Correlation Will Be _____

question 9

Multiple Choice

When two variables are unrelated, their correlation will be _____.

• A) 1
• B) 0
• C) +.5
• D) -.5

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Definitions:

Volume Of Activity

A term often used in cost accounting to denote the amount of production or the level of sales of a company during a specific period.

Total Variable Costs

The sum of all costs that vary with the level of production or sales, such as materials and labor.

Volume Of Activity

A term related to the level of business operations or transactions undertaken by a company within a specific period.

Variable Cost

Costs that change in proportion to the level of goods or services produced by a business.